# Goldman Sachs: Egyptian Pound Is 30% Undervalued; Dollar Forecast to Fall to 50 Pounds Within a Year

> 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.

- Date: 2026-11-07 · published 2026-11-07T21:11:15.993Z
- Category: macro · region Egypt · magnitude low
- Page: https://feedsoft.ai/events/86541-goldman-sachs-egyptian-pound-is-30-undervalued-dollar-forecast-to-fall-to-50
- Commodities: [Egyptian Pound (EGP per USD)](https://feedsoft.ai/c/USDEGP.md)

## Why it matters

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.

## Read by commodity

- USDEGP: bearish ▼

## Sources

- marsad.app: https://marsad.app/news/6aeeefc93d636eb4020d9d79/

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