February 24, 2025 (MLN): The State Bank of Pakistan (SBP) has made a net FX purchase of $1.15 billion during November 2024, up by $125m from a purchase of $1.02bn in the previous month.That takes the total SBP’s FX interventions in the interbank FX market during the last six months to $4.98bn.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 NewsPosted on: 2025-02-24T20:26:37+05:00The post SBP’s November FX purchases stand over at $1bn appeared first on Mettis Global Link.