# Khaled El-Shafei explains why the dollar has not fallen despite improving indicators

> 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.

- Date: 2026-11-07 · published 2026-11-08T00:12:35.554Z
- Category: macro · region Egypt · magnitude low
- Page: https://feedsoft.ai/events/86677-khaled-el-shafei-explains-why-the-dollar-has-not-fallen-despite-improving
- Commodities: [Egyptian Pound (EGP per USD)](https://feedsoft.ai/c/USDEGP.md)

## Why it matters

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.

## Read by commodity

- USDEGP: bullish ▲

## Sources

- mwlana.com: https://mwlana.com/details/246954/

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