When a currency is devalued the immediate impact may be an increase in a country's trade deficit. However, this situation tend to correct itself in 2 to 5 weeks..

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When a currency is devalued, the immediate impact is usually an increase in a country's trade deficit as imports become more expensive and exports become cheaper. This situation may take longer than 2 to 5 weeks to correct itself as it depends on various factors such as the degree of devaluation, the competitiveness of the country's exports, and the response of foreign markets.

When a Currency Is Devalued the Immediate Impact May Be