Pakistan, July 29 -- The State Bank of Pakistan (SBP) conducted foreign exchange interventions worth $7.2 billion between June 2024 and April 2025 to stabilize the economy. These efforts helped increase Pakistan's foreign exchange reserves by $885 million, while the remaining amount was mostly used for debt repayments, according to Arif Habib Limited (AHL).

SBP's monthly interventions varied, with the largest purchase of $1.15 billion recorded in November 2024. Other significant interventions included $946 million in September, $722 million in July, and $860 million in March 2025. However, the volume gradually decreased in the following months.

Despite these interventions, the foreign exchange reserves showed mixed movement. In June 202...