Foreign exchange market and exchange rateUnder a scenario of limited stability, the market may witness modest and temporary fluctuations within a narrow range. No numerical forecasts are presented here to avoid creating unrealistic expectations, particularly given the availability of strong foreign currency reserves and the flexibility of the exchange-rate mechanism, which adjusts transparently according to supply and demand conditions. However, if the conflict intensifies, Egypt could face a wave of imported inflation driven by higher shipping and fuel costs. Safe-haven assets: Gold, silver and the US dollarThe economic repercussions of war extend beyond government finances to the financial portfolios of individual citizens. Record foreign currency reserves: Foreign reserves have reached approximately $52.6bn, giving the state significant capacity to secure essential needs and maintain market stability over an extended period.

Source: Daily News Egypt March 07, 2026 16:25 UTC