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Goldman Sachs raised its US dollar forecasts to 53 Egyptian pounds in three months and 52 in six months, before projecting a decline to 50 in 12 months. The bank said the pound is about 30% undervalued and that a recovery toward fair value depends partly on improved confidence around geopolitical tensions; foreign holdings of local debt have fallen to about $20 billion from nearly $30 billion at the end of September.
A stronger pound would lower the local-currency cost of imported feed and other commodities, while near-term exchange-rate uncertainty may keep import costs volatile. The forecast implies a lower US dollar-to-pound rate over the year, though Goldman’s revised near-term projections point to continued pressure first.
marsad.appأموال الغدNov 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.
