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Economist Khaled El-Shafei said Egypt’s rising foreign-exchange reserves and improved dollar inflows do not guarantee an immediate decline in the dollar’s value against the pound. He cited external-debt obligations, import demand and Egypt’s flexible exchange-rate policy, which leaves the pound’s value to market supply and demand.
Continued demand for foreign currency and limited intervention could keep the Egyptian pound under pressure, sustaining a high dollar exchange rate and increasing the local-currency cost of imported feed and farm inputs.
mwlana.comدينا طارقNov 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.
