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Goldman Sachs said the Egyptian pound is more than 30% below its fair value and revised its exchange-rate forecasts to 53 pounds per dollar in three months, 52 in six months and 50 in a year. It remained positive on the currency’s prospects but warned that substantial foreign investment in local markets could leave the pound exposed to continued outflows; a recovery also depends on the Iran war and energy prices.
A stronger pound could reduce Egypt’s local-currency cost of imported feed and inputs, while continued outflows or energy-related pressure could work in the opposite direction. The currency outlook does not establish a direct global commodity-price effect.
asharqbusiness.comنورهان عباسNov 6, 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.
