# Dollar loses more than two pounds in a week: When will it reach 48 pounds?

> The dollar fell by about 2.12 Egyptian pounds over the week, while the pound gained roughly 3.7%. The move coincided with an estimated $400 million of short-term foreign investment entering Egypt’s secondary market, largely to buy government debt instruments.

- Date: 2026-11-07 · published 2026-11-08T00:12:35.717Z
- Category: macro · region Egypt · magnitude low
- Page: https://feedsoft.ai/events/86679-dollar-loses-more-than-two-pounds-in-a-week-when-will-it-reach-48-pounds
- Commodities: [Egyptian Pound (EGP per USD)](https://feedsoft.ai/c/USDEGP.md)

## Why it matters

Foreign portfolio inflows increased dollar supply and supported the pound, lowering the local-currency cost of imported feed and farm inputs. The currency benefit may be vulnerable to reversal because these investments are short-term.

## Read by commodity

- USDEGP: bearish ▼

## Sources

- egypttelegraph.com: https://www.egypttelegraph.com/article/293816/%D8%A7%D9%84%D8%AF%D9%88%D9%84%D8%A7%D8%B1-%D9%8A%D8%AE%D8%B3%D8%B1-%D8%A3%D9%83%D8%AB%D8%B1-%D9%85%D9%86-%D8%AC%D9%86%D9%8A%D9%87%D9%8A%D9%86-%D8%AE%D9%84%D8%A7%D9%84-%D8%A3%D8%B3%D8%A8%D9%88%D8%B9

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