# Why did the dollar fall to its lowest level since October 19? Experts explain

> Economists attributed the dollar's decline against the Egyptian pound to Egypt's 100-basis-point rate increase, renewed foreign inflows into government debt, improved reserve indicators, and a weaker dollar globally. The dollar fell about 3.78%, or EGP 2.12, over the week, ending at EGP 53.87 buying and EGP 53.97 selling at the National Bank of Egypt.

- Date: 2026-11-05 · published 2026-11-06T12:12:36.356Z
- Category: macro · region Egypt · magnitude low
- Page: https://feedsoft.ai/events/83869-why-did-the-dollar-fall-to-its-lowest-level-since-october-19-experts-explain
- Commodities: [Egyptian Pound (EGP per USD)](https://feedsoft.ai/c/USDEGP.md)

## Why it matters

The stronger pound may reduce Egypt's import costs for feed and other commodities; the rate move is a currency effect, not a direct change in commodity supply or demand.

## Read by commodity

- USDEGP: bearish ▼

## Sources

- masrawy.com: https://www.masrawy.com/news/news-banking/details/2026/11/5/3074146/%D9%84%D9%85%D8%A7%D8%B0%D8%A7-%D9%87%D8%A8%D8%B7-%D8%A7%D9%84%D8%AF%D9%88%D9%84%D8%A7%D8%B1-%D9%84%D8%A3%D8%AF%D9%86%D9%89-%D9%85%D8%B3%D8%AA%D9%88%D9%89-%D9%85%D9%86%D8%B0-19-%D8%A3%D9%83%D8%AA%D9%88%D8%A8%D8%B1-%D8%A7%D9%84%D9%85%D8%A7%D8%B6%D9%8A-%D9%85%D9%82%D8%A7%D8%A8%D9%84-%D8%A7%D9%84%D8%AC%D9%86%D9%8A%D9%87-%D8%AE%D8%A8%D8%B1%D8%A7%D8%A1

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