# The dollar loses the 56 pound level. Will the recovery of the Egyptian currency continue?

> The dollar fell against the Egyptian pound for a third consecutive session on Monday, dropping below 56 pounds. Bank quotes ranged from about 55.30 to 55.76 for buying, and foreign investors were net sellers of Egyptian treasury debt during October.

- Date: 2026-11-02 · published 2026-11-02T21:14:56.559Z
- Category: macro · region Egypt · magnitude low
- Page: https://feedsoft.ai/events/76009-the-dollar-loses-the-56-pound-level-will-the-recovery-of-the-egyptian-currency
- Commodities: [Egyptian Pound (EGP per USD)](https://feedsoft.ai/c/USDEGP.md)

## Why it matters

A firmer pound lowers the local cost of imported feed inputs for Egypt, though the currency remains volatile. Feed buyers should watch whether the pound's recovery holds.

## Sources

- alarabiya.net: https://www.alarabiya.net/aswaq/egypt-economy/2026/11/02/%D8%A7%D9%84%D8%AF%D9%88%D9%84%D8%A7%D8%B1-%D9%8A%D9%81%D9%82%D8%AF-%D9%85%D8%B3%D8%AA%D9%88%D9%89-56-%D8%AC%D9%86%D9%8A%D9%87%D8%A7-%D9%87%D9%84-%D9%8A%D8%B3%D8%AA%D9%85%D8%B1-%D8%AA%D8%B9%D8%A7%D9%81%D9%8A-%D8%A7%D9%84%D8%B9%D9%85%D9%84%D8%A9-%D8%A7%D9%84%D9%85%D8%B5%D8%B1%D9%8A%D8%A9-

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