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Goldman Sachs raised its forecasts for the dollar against the Egyptian pound to EGP 53 in three months, EGP 52 in six months and EGP 50 in a year. The bank said the pound remains undervalued but could strengthen gradually, while warning that foreign investment outflows and Middle East tensions remain risks.
A weaker pound raises the local-currency cost of imported feed and other commodities. The higher dollar forecasts point to currency-related cost pressure for Egyptian buyers, although the bank still sees potential for pound appreciation.
egypttelegraph.comحسن راشدNov 7, 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.
