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at present; now
「目下」 has another reading with different meanings.
目下のところ問題は発生していない。
At present, no problems have occurred.
目下調査中なので結果はまだ分からない。
The investigation is currently underway, so results are not yet known.
目下の最も重要な課題は人手不足の解消だ。
The current challenge is resolving the labor shortage.