# Dollar falls 1.4% against the Egyptian pound. Will the dollar's decline in Egypt continue?

> 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.

- Date: 2026-11-03 · published 2026-11-03T12:11:24.999Z
- Category: macro · region Egypt · magnitude low
- Page: https://feedsoft.ai/events/77589-dollar-falls-1-4-against-the-egyptian-pound-will-the-dollar-s-decline-in-egypt
- Commodities: [Egyptian Pound (EGP per USD)](https://feedsoft.ai/c/USDEGP.md)

## Why it matters

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.

## Read by commodity

- USDEGP: neutral

## Sources

- sa.investing.com: https://sa.investing.com/news/forex-news/article-3424711

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