# Reserves and remittances support foreign currency resources

> Egypt raised 621.8 million euros through one-year euro-denominated treasury bills at an average yield of 3.25%. The dollar fell for a third straight session against the pound, and central bank net reserves reached a record 57.35 billion dollars in September.

- Date: 2026-11-02 · published 2026-11-02T21:14:56.462Z
- Category: macro · region Egypt · magnitude low
- Page: https://feedsoft.ai/events/76007-reserves-and-remittances-support-foreign-currency-resources
- Commodities: [Egyptian Pound (EGP per USD)](https://feedsoft.ai/c/USDEGP.md)

## Why it matters

Stronger FX inflows and reserves ease Egypt's pressure to pay for imports, including feed grains and oilseed meals. Lower import costs can support Egyptian buying in the coming weeks.

## Sources

- alwafd.news: https://www.alwafd.news/5993428

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.