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Egypt’s provisional net international reserves rose to $57.4998 billion at the end of October from $57.3482 billion at the end of September, an increase of $151.6 million. Separately, the Central Bank of Egypt raised its overnight deposit rate by 100 basis points to 20% and its lending rate to 21% on October 29.
Higher rates may support the pound and the reserve increase adds modestly to the country’s foreign-currency buffer, potentially easing import-cost pressure. The reserve change is small relative to the total stock and does not by itself establish that the central bank bought dollars in the market.
fxnews.aiFXNews News DeskNov 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.
