# Ahmed Abdel Tawab writes: $3.5 billion exits Treasury bills... what's behind the hot money outflow?

> Foreign investors sold a net $3.5 billion of Egyptian Treasury bills in October, up 323% from roughly $827 million in September, according to the Egyptian Exchange's monthly report. Around $1.5 billion of those sales came in the last seven trading days of October.

- Date: 2026-11-03 · published 2026-11-04T03:10:50.717Z
- Category: macro · region Egypt · magnitude low
- Page: https://feedsoft.ai/events/79053-ahmed-abdel-tawab-writes-3-5-billion-exits-treasury-bills-what-s-behind-the-hot
- Commodities: [Egyptian Pound (EGP per USD)](https://feedsoft.ai/c/USDEGP.md)

## Why it matters

Heavy outflows of short-term foreign capital add pressure on the Egyptian pound, which weakened toward 56.35 per dollar in October, and raise the dollar cost of fuel and feed imports for Egypt. A weaker pound raises local feed prices even though the commodities themselves are priced in dollars.

## Read by commodity

- USDEGP: bullish ▲

## Sources

- sooqmasrnews.com: https://sooqmasrnews.com/2026/11/03/%d8%a3%d8%ad%d9%85%d8%af-%d8%b9%d8%a8%d8%af-%d8%a7%d9%84%d8%aa%d9%88%d8%a7%d8%a8-%d9%8a%d9%83%d8%aa%d8%a8-3-5-%d9%85%d9%84%d9%8a%d8%a7%d8%b1-%d8%af%d9%88%d9%84%d8%a7%d8%b1-%d8%aa%d8%ba%d8%a7%d8%af/

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