# The Egyptian pound is 30% below fair value… US bank raises its dollar forecasts

> Goldman Sachs raised its forecasts for the dollar against the Egyptian pound, projecting rates of 53 pounds in three months, 52 in six months and 50 in a year. It said the pound remains about 30% below fair value and cited recent currency-market moves and geopolitical risks; the report also noted declining foreign holdings of Egyptian domestic debt.

- Date: 2026-11-07 · published 2026-11-07T18:11:11.839Z
- Category: macro · region Egypt · magnitude low
- Page: https://feedsoft.ai/events/86287-the-egyptian-pound-is-30-below-fair-value-us-bank-raises-its-dollar-forecasts
- Commodities: [Egyptian Pound (EGP per USD)](https://feedsoft.ai/c/USDEGP.md)

## Why it matters

A weaker pound raises the local-currency cost of imported feed, grain and fertilizer, potentially lifting Egyptian buyers’ costs. The currency outlook therefore matters for import purchasing and price-setting, although the article gives no direct commodity-price forecast.

## Read by commodity

- USDEGP: bullish ▲

## Sources

- marsad.app: https://marsad.app/news/6aeef140ee17ae8b2b040589/

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