SBP’s FX Purchases rises to $1.03bn in Oct
MG News | January 27, 2026 at 11:53 AM GMT+05:00
January 27, 2026 (MLN): The State Bank of
Pakistan (SBP) purchased $1.033bn from
the interbank foreign exchange market in October 2025, maintaining its strong
intervention stance from the previous month when it purchased $1.023bn in September 2025.
According to data released by the SBP, total purchases
during the first four months of FY26 (July-October 2025) amounted to $2.5bn,
significantly lower than the $3.26bn purchased during the corresponding period
of FY25.
Data released since June 2024 shows that the SBP has made net purchases of $10.76bn from the market over the 16-month period.
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The SBP defines Net FX Intervention as outright and swap purchases of foreign exchange minus outright and swap sales conducted with banks in the interbank market.
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SBP Interventions in Interbank FX Market