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The US dollar fell against the Egyptian pound on Wednesday, extending losses that began the previous Thursday. Several Egyptian banks quoted the dollar near 54-55 pounds after it had hit a record high of 56 pounds.
Foreign and Arab investors were net buyers of government debt in the secondary market.
A firmer pound lowers the local-currency cost of imported feed ingredients and fertilizer for Egyptian buyers, though import prices in dollars are unchanged.
alarabiya.netNov 4, 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.
