SBP’s April FX intervention stands at $473m

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MG News | July 28, 2025 at 08:59 PM GMT+05:00

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July 28, 2025 (MLN): The State Bank of Pakistan (SBP) has made a net FX purchase of $473 million during April 2025, down by $387m from a purchase of $860m in the previous month.

That takes the total SBP’s FX interventions in the interbank FX market during FY25 to $6.66bn.

Total intervention since the SBP started publishing data (June 2024) stands at $7.23bn.

To note, net FX intervention is defined as outright and swap purchases of foreign exchange minus outright and swap sales of foreign exchange by the SBP from/to banks in the Interbank foreign exchange market.

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