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Goldman Sachs reportedly estimates that the Egyptian pound is about 30% below fair value, while raising its dollar exchange-rate forecasts to EGP 53 in three months and EGP 52 in six months, before EGP 50 in a year. The bank cited possible support from lower oil prices and easing regional tensions, while foreign holdings of Egyptian debt reportedly fell to about $20 billion from $30 billion at the end of September.
Higher near-term dollar forecasts imply continued pressure on the pound and potentially higher local-currency costs for imported feed and farm inputs. Lower oil prices could ease Egypt’s import bill and support the currency over time.
banker.newsأحمد سباقNov 8, 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.
