# Rates also notable: South Africa reserves, Egypt certificates, Eurogroup

> South Africa’s gross reserves fell to $74.513 billion in October from $75.429 billion in September, while net reserves also declined. Egyptian banks passed on a 100-basis-point central bank rate increase to savings certificates, and euro area finance ministers met to discuss the two candidates for the ECB presidency.

- Date: 2026-11-09 · published 2026-11-09T21:10:24.611Z
- Category: macro · region South Africa, Egypt and the euro area · magnitude low
- Page: https://feedsoft.ai/events/90173-rates-also-notable-south-africa-reserves-egypt-certificates-eurogroup
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

Lower South African reserves may weigh on confidence in the rand, while higher Egyptian deposit rates could influence domestic financing and demand. The article gives no direct supply or demand change for feed commodities, so no commodity price effect is identified.

## Sources

- news.kilambi.com: https://news.kilambi.com/stories/2026-11-09-rates-also-notable/

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