CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Foreign Exchange Reserves and Exchange Rate
For competitive-exam preparation, which option correctly identifies SBP overnight reverse repo ceiling rate in late September 2026?
A. 11.5%
B. 13.5%
C. 12.5%
D. 10.5%
Correct Answer: C
The ceiling rate was 12.5% p.a.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Foreign Exchange Reserves and Exchange Rate
For competitive-exam preparation, which option correctly identifies SBP policy rate after 14 September 2026 MPC meeting?
A. 13.0%
B. 12.5%
C. 10.5%
D. 11.5%
Correct Answer: D
The MPC kept the SBP policy rate unchanged at 11.5% on 14 September 2026.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Foreign Exchange Reserves and Exchange Rate
For competitive-exam preparation, which option correctly identifies Total liquid foreign exchange reserves as of 18 September 2026?
A. US$5.4103 billion
B. US$26.8106 billion
C. US$23.7158 billion
D. US$21.4003 billion
Correct Answer: B
Total liquid reserves were US$26.8106 billion as of 18 September 2026.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Foreign Exchange Reserves and Exchange Rate
For competitive-exam preparation, which option correctly identifies Commercial banks' reserves as of 18 September 2026?
A. US$4.012 billion
B. US$5.4103 billion
C. US$21.4003 billion
D. US$26.8106 billion
Correct Answer: B
Commercial banks held US$5.4103 billion in reserves on the cited date.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Foreign Exchange Reserves and Exchange Rate
For competitive-exam preparation, which option correctly identifies SBP liquid foreign exchange reserves as of 18 September 2026?
A. US$18.3282 billion
B. US$26.8106 billion
C. US$21.4003 billion
D. US$5.4103 billion
Correct Answer: C
SBP reported US$21.4003 billion in reserves as of 18 September 2026.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Foreign Exchange Reserves and Exchange Rate
Select the correct statement regarding Export receipts are a source of.
A. It is Population growth.
B. It is Only domestic tax arrears.
C. It is Foreign exchange inflows.
D. It is Provincial borrowing.
Correct Answer: C
Exports earn foreign currency and support external receipts.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Foreign Exchange Reserves and Exchange Rate
Select the correct statement regarding Import payments create demand for.
A. It is Foreign currency.
B. It is Only domestic coins.
C. It is Land revenue.
D. It is Provincial bonds only.
Correct Answer: A
Importers generally need foreign currency to pay overseas suppliers.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Foreign Exchange Reserves and Exchange Rate
Select the correct statement regarding A flexible exchange rate is primarily determined by.
A. It is Foreign exchange market demand and supply.
B. It is Provincial assemblies alone.
C. It is A fixed constitutional article.
D. It is Population census.
Correct Answer: A
Under a flexible regime, market demand and supply play the central role, though central banks may intervene.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Foreign Exchange Reserves and Exchange Rate
Select the correct statement regarding The spread between an exchange-rate bid and offer is.
A. It is Difference between buying and selling quotations.
B. It is Policy-rate corridor.
C. It is Difference between exports and imports.
D. It is Fiscal deficit.
Correct Answer: A
Bid-offer spread is the difference between quoted buying and selling rates.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Foreign Exchange Reserves and Exchange Rate
Select the correct statement regarding A large external debt repayment, other things equal, can.
A. It is Increase exports by law.
B. It is Increase reserves automatically.
C. It is Reduce official reserves.
D. It is Raise provincial share.
Correct Answer: C
External debt repayments require foreign currency and can reduce reserves unless offset by inflows.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Foreign Exchange Reserves and Exchange Rate
Select the correct statement regarding An IMF disbursement received by Pakistan can directly.
A. It is Reduce the population.
B. It is Change the NFC formula automatically.
C. It is Increase official foreign exchange reserves.
D. It is Eliminate imports.
Correct Answer: C
External financing disbursements can raise SBP's official reserve assets when received.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Foreign Exchange Reserves and Exchange Rate
Select the correct statement regarding NEER stands for.
A. It is Nominal Economic Equity Rate.
B. It is Nominal Effective Exchange Rate.
C. It is Net Effective Export Ratio.
D. It is National External Exchange Reserve.
Correct Answer: B
NEER is a trade-weighted index of a currency against a basket of currencies without inflation adjustment.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Foreign Exchange Reserves and Exchange Rate
Select the correct statement regarding REER stands for.
A. It is Reserve Exchange Equilibrium Ratio.
B. It is Regional Effective Economic Reserve.
C. It is Real Effective Exchange Rate.
D. It is Real External Export Rate.
Correct Answer: C
REER is the Real Effective Exchange Rate, an inflation-adjusted trade-weighted exchange-rate index.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Foreign Exchange Reserves and Exchange Rate
Select the correct statement regarding Foreign exchange reserves are most directly used to help meet.
A. It is Local property taxes.
B. It is Provincial land revenue.
C. It is External payment obligations.
D. It is Domestic census costs.
Correct Answer: C
Reserves provide foreign-currency liquidity for external obligations and market confidence.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Foreign Exchange Reserves and Exchange Rate
Select the correct statement regarding Workers' remittances enter Pakistan's balance of payments mainly under.
A. It is Capital account only.
B. It is Government budget account.
C. It is Monetary base.
D. It is Current account.
Correct Answer: D
Workers' remittances are recorded in the current account as secondary income under BPM6.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Foreign Exchange Reserves and Exchange Rate
Select the correct statement regarding A current account surplus, other things equal, tends to.
A. It is Eliminate all public debt.
B. It is Support foreign exchange reserves.
C. It is Reduce tax revenue to zero.
D. It is Abolish exchange-rate risk.
Correct Answer: B
A current account surplus can add to foreign exchange availability and support reserve accumulation.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Foreign Exchange Reserves and Exchange Rate
Select the correct statement regarding Appreciation of the Pakistani rupee against the US dollar means.
A. It is Reserves must become zero.
B. It is Imports become legally prohibited.
C. It is Fewer PKR are needed to buy one USD.
D. It is More PKR are needed to buy one USD.
Correct Answer: C
Appreciation means the rupee gains value against the dollar.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Foreign Exchange Reserves and Exchange Rate
Select the correct statement regarding Depreciation of the Pakistani rupee against the US dollar means.
A. It is The policy rate must fall.
B. It is More PKR are needed to buy one USD.
C. It is Fewer PKR are needed to buy one USD.
D. It is Exports automatically decline.
Correct Answer: B
Currency depreciation means the domestic currency loses value relative to the foreign currency.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Foreign Exchange Reserves and Exchange Rate
Select the correct statement regarding An exchange rate expressed as PKR per US dollar means.
A. It is Gold price per rupee.
B. It is Rupees required to buy one US dollar.
C. It is Interest rate on dollars.
D. It is Dollars required to buy one rupee.
Correct Answer: B
PKR/USD quotations commonly show how many rupees are required for one US dollar.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Foreign Exchange Reserves and Exchange Rate
Select the correct statement regarding A rise in foreign exchange reserves generally improves.
A. It is Provincial tax autonomy.
B. It is Fiscal devolution.
C. It is External payment capacity.
D. It is Population growth.
Correct Answer: C
Higher reserves generally strengthen the capacity to meet external payment obligations and absorb shocks.