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The dollar has eased to EGP 55.33 buy and 55.43 sell, about 1.4% below its October 28 peak near 56.2. It remains roughly 5.8% above early October levels after the pound lost about 7% and the central bank raised rates 100 basis points to 20% on October 29.
Foreign investors pulled roughly $3.5 billion from Treasury bills in October.
A weaker pound raises the local-currency cost of imported feed ingredients and grain for Egypt, even as dollar-denominated prices fall. Continued pressure on the pound could keep Egyptian buyers cautious.
sa.investing.comسارة العتيبيNov 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.
