SBP’s March FX intervention stands at $860m
MG News | June 30, 2025 at 10:08 PM GMT+05:00
June 30, 2025 (MLN): The State Bank of Pakistan (SBP) has made a net FX purchase of $860 million during March 2025, up by $637m from a purchase of $223m in the previous month.
That takes the total SBP’s FX interventions in the interbank FX market during the last ten months to $6.76bn.
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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