# Foreign currency inflows rise in banks, exchange offices following EGP liberalisation

> After the Central Bank of Egypt liberalised the exchange rate, banks and exchange offices reported significant inflows of US dollars and other foreign currencies. The dollar fell about EGP 1.7 from its peak on the day the float was announced, closing near EGP 47.8 for buying by the end of the week.

- Date: 2026-11-03 · published 2026-11-03T18:11:39.918Z
- Category: macro · region Egypt · magnitude low
- Page: https://feedsoft.ai/events/78127-foreign-currency-inflows-rise-in-banks-exchange-offices-following-egp
- Commodities: [Egyptian Pound (EGP per USD)](https://feedsoft.ai/c/USDEGP.md)

## Why it matters

Stronger FX inflows ease Egypt's import bill for feed grains and oilseeds, supporting the Egyptian pound and buyers' purchasing power. The move is a macro currency development with limited direct effect on grain prices.

## Read by commodity

- USDEGP: bearish ▼

## Sources

- investguiding.com: https://investguiding.com/article/foreign-currency-inflows-rise-in-banks-exchange-offices-following-egp-liberalisation-dailynewsegypt

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