SBP’s August FX purchases stand at $569M

By MG News | November 29, 2024 at 08:44 PM GMT+05:00

0:00

November 29, 2024 (MLN): The State Bank of Pakistan (SBP) has made a net FX purchase of $569 million during August 2024, down by $153m from a purchase of $722m in the previous month.

That takes the total SBP’s FX interventions in the interbank FX market during the last three months to $1.86 billion.

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.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	127,853.88 217.11M	1.77% 2226.57
ALLSHR	79,594.27 628.90M	1.28% 1009.56
KSE30	38,926.95 78.69M	2.03% 773.16
KMI30	186,988.69 94.64M	1.14% 2102.19
KMIALLSHR	54,204.10 347.44M	0.82% 440.30
BKTi	32,914.98 37.29M	3.11% 993.30
OGTi	27,927.04 5.27M	0.55% 153.05

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	107,160.00	108,105.00 107,040.00	-1075.00 -0.99%
BRENT CRUDE	66.80	66.93 66.34	0.06 0.09%
RICHARDS BAY COAL MONTHLY	97.00	0.00 0.00	0.20 0.21%
ROTTERDAM COAL MONTHLY	107.65	0.00 0.00	0.40 0.37%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	65.15	65.27 64.67	0.04 0.06%
SUGAR #11 WORLD	16.19	16.74 16.14	-0.52 -3.11%