1 Day
Source:
مصراوي
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Pound’s 30% Value Gap
Goldman Sachs estimated that the Egyptian pound is more than 30% undervalued. This could attract foreign investors to debt instruments seeking to benefit from high interest rates and the prospect of a stronger currency, but it does not guarantee that their money will stay. Their holdings of local debt fell from around $30 billion to $20 billion, while they recorded net stock-market sales of EGP 116.2 billion between October 4 and 22. A weaker pound could give exports a price advantage. However, higher costs for imported raw materials and financing may limit the benefits for manufacturers, making increased production and local content essential. Non-oil exports rose to $48.57 billion in 2025, up 17% from 2024, but gold accounted for about 62.3% of the increase. Experts say sustained gains depend on turning the weaker currency into higher production and more value-added exports.
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