Data compiled by Joy Business from the Bank’s FX auction calendars and market communications show that the central bank sold about US$7.45 billion through its FX Intermediation Programme between January and July 2026. The Bank also deployed about US$811 million through its FX Intervention Programme between January and June. The figure could approach US$9.2 billion by the end of August if the Bank proceeds with plans to sell up to US$1 billion through its FX Intermediation Programme during the month. The FX Intermediation Programme is designed to improve liquidity and help reduce excessive volatility in the foreign exchange market when necessary. The Bank has also indicated that it remains capable of supporting the foreign exchange market when necessary and ensuring that critical imports are not disrupted.