SBP’s Jan FX intervention stands at $154m

MG News | April 29, 2025 at 09:41 AM GMT+05:00

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April 29, 2025 (MLN): The State Bank of Pakistan (SBP) has made a net FX purchase of $154 million during January 2025, down by $382m from a purchase of $536m in the previous month.

That takes the total SBP’s FX interventions in the interbank FX market during the last eight months to $5.67bn.

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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