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Arab and foreign investors recorded net purchases of Egyptian government debt worth $196.3 million on Tuesday, according to Egyptian Exchange data, reversing the previous week's net selling of $1.5 billion by foreign investors. The US dollar fell against the Egyptian pound for a fourth straight session, dropping back below the 56-pound level after record highs.
Renewed inflows and a firmer pound ease pressure on Egypt's import costs, including feed grain and oilseed purchases priced in dollars. For feed buyers, a stronger pound modestly lowers local-currency landed costs for US and Black Sea grain and meal.
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.
