IMPACT OF THE DEVALUATION ON SAUDI ARABIA’S GLOBAL TRADE
Author(s): Bhagat SainiAbstract
The devaluation of a nation’s currency has far-reaching implications for international trade investment flows and macroeconomic stability. In the context of Saudi Arabia currency devaluation significantly impacts export competitiveness import costs trade balances and the broader global trading position of the kingdom. This study examines the consequences of recent devaluation measures on Saudi Arabia’s global trade exploring theoretical frameworks empirical data and sector-specific effects. It focuses on both short-term adjustments and long-term structural impacts providing insights into trade patterns economic resilience and policy implications.