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Why did SBP buy $1 billion?

It's not necessarily anything out of the ordinary

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Urooj Imran

Senior Producer

Urooj has over five years of experience reporting and editing for some of Pakistan's leading publications. She is passionate about simplifying business news; her favorite pieces to work on are explainers.

- YouTube

When the State Bank of Pakistan buys $1 billion, it can raise eyebrows. But it's not necessarily anything out of the ordinary. And in this video, Nukta explains why.

Watch the full video to find out why central banks such as the SBP buy dollars in the first place and why the SBP has been buying more than usual lately.

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