# Dollar Rate in Egypt Records New Loss

> 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.

- Date: 2026-11-03 · published 2026-11-03T09:12:11.815Z
- Category: macro · region Egypt · magnitude low
- Page: https://feedsoft.ai/events/77427-dollar-rate-in-egypt-records-new-loss
- Commodities: [Egyptian Pound (EGP per USD)](https://feedsoft.ai/c/USDEGP.md)

## Why it matters

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.

## Read by commodity

- USDEGP: bearish ▼

## Sources

- alarabiya.net: https://www.alarabiya.net/aswaq/egypt-economy/2026/11/03/%D8%B3%D8%B9%D8%B1-%D8%A7%D9%84%D8%AF%D9%88%D9%84%D8%A7%D8%B1-%D9%81%D9%8A-%D9%85%D8%B5%D8%B1-%D9%8A%D8%B3%D8%AC%D9%84-%D8%AE%D8%B3%D8%A7%D8%B1%D8%A9-%D8%AC%D8%AF%D9%8A%D8%AF%D8%A9

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