# Currency Market Surprise: Egyptian Pound Is 30% Undervalued, New Estimates Say

> 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.

- Date: 2026-11-08 · published 2026-11-09T00:12:33.255Z
- Category: macro · region Egypt · magnitude low
- Page: https://feedsoft.ai/events/88273-currency-market-surprise-egyptian-pound-is-30-undervalued-new-estimates-say
- Commodities: [Egyptian Pound (EGP per USD)](https://feedsoft.ai/c/USDEGP.md)

## Why it matters

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.

## Read by commodity

- USDEGP: bullish ▲

## Sources

- banker.news: https://www.banker.news/159616

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