# Goldman Sachs calls EGP undervalued by 30%, sees it at 50 per USD

> Goldman Sachs estimates the Egyptian pound is trading more than 30% below fair value after its October slide. The bank forecasts the dollar at EGP 53 in three months, EGP 52 in six months and EGP 50 in 12 months, and says foreign investors have reduced holdings of Egyptian local-currency debt.

- Date: 2026-11-08 · published 2026-11-08T06:11:59.031Z
- Category: macro · region Egypt · magnitude medium
- Page: https://feedsoft.ai/events/87077-goldman-sachs-calls-egp-undervalued-by-30-sees-it-at-50-per-usd
- Commodities: [Egyptian Pound (EGP per USD)](https://feedsoft.ai/c/USDEGP.md)

## Why it matters

Further depreciation would raise the local-currency cost of imported feed and fertilizer, while expectations of a weaker pound may keep importers cautious. The forecasts imply upward pressure on USD/EGP.

## Read by commodity

- USDEGP: bullish ▲

## Sources

- enterpriseam.com: https://enterpriseam.com/egypt/2026/11/08/goldman-sachs-calls-egp-undervalued-by-30-sees-it-at-50-per-usd/

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