SBP Moderates Foreign Exchange Purchases in FY26 as Market Conditions Stabilize
The State Bank of Pakistan has slowed its foreign exchange purchases in FY26, accumulating USD 446 million so far—well below last year’s levels—as market conditions shift and intervention needs moderate.
State Bank of Pakistan’s FX Intervention Reaches $522 Million in May 2025
The State Bank of Pakistan recorded net foreign exchange purchases worth $522 million in May 2025, marking an increase from April’s $473 million. Since June 2024, the central bank’s cumulative interventions have reached $7.75 billion, reflecting ongoing efforts to stabilize the interbank market.

