Loading…
The dollar fell against the Egyptian pound for a fourth straight session, trading near 55 pounds after recent record highs above 56. Foreign investors net sold $1.5 billion of Egyptian government debt last week, while Arab investors net bought about $214 million.
Egypt's foreign reserves reached a record $57.35 billion in September.
A firmer pound lowers the local-currency cost of dollar-priced feed imports such as corn and soymeal, though foreign debt outflows could reverse the gain. The move is a currency-driven, short-term change rather than a shift in feed supply or demand.
alarabiya.netNov 3, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
