CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Foreign Exchange Reserves and Exchange Rate
Select the correct statement regarding Institution responsible for Pakistan's monetary policy and official reserve management.
A. It is Pakistan Bureau of Statistics.
B. It is State Bank of Pakistan.
C. It is Ministry of Commerce.
D. It is Federal Board of Revenue.
Correct Answer: B
SBP is Pakistan's central bank and manages monetary policy and official foreign exchange reserves.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Foreign Exchange Reserves and Exchange Rate
Select the correct statement regarding USD/PKR M2M revaluation rate on 29 September 2026.
A. It is 277.2649.
B. It is 277.1214.
C. It is 275.5000.
D. It is 276.8398.
Correct Answer: B
The M2M revaluation rate displayed by SBP was 277.1214.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Foreign Exchange Reserves and Exchange Rate
Select the correct statement regarding USD/PKR weighted average offer rate on 29 September 2026.
A. It is 277.1214.
B. It is 278.5000.
C. It is 277.2649.
D. It is 276.8398.
Correct Answer: C
The weighted average offer rate was 277.2649 on 29 September 2026.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Foreign Exchange Reserves and Exchange Rate
Select the correct statement regarding USD/PKR weighted average bid rate on 29 September 2026.
A. It is 277.1214.
B. It is 277.2649.
C. It is 276.8398.
D. It is 276.0000.
Correct Answer: C
SBP showed a weighted average customer bid rate of 276.8398 on 29 September 2026.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Foreign Exchange Reserves and Exchange Rate
Select the correct statement regarding SBP overnight repo floor rate in late September 2026.
A. It is 12.5%.
B. It is 11.5%.
C. It is 10.5%.
D. It is 9.5%.
Correct Answer: C
The floor rate was 10.5% p.a.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Foreign Exchange Reserves and Exchange Rate
Select the correct statement regarding SBP overnight reverse repo ceiling rate in late September 2026.
A. It is 12.5%.
B. It is 11.5%.
C. It is 13.5%.
D. It is 10.5%.
Correct Answer: A
The ceiling rate was 12.5% p.a.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Foreign Exchange Reserves and Exchange Rate
Select the correct statement regarding SBP policy rate after 14 September 2026 MPC meeting.
A. It is 13.0%.
B. It is 12.5%.
C. It is 10.5%.
D. It is 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
Select the correct statement regarding Total liquid foreign exchange reserves as of 18 September 2026.
A. It is US$26.8106 billion.
B. It is US$21.4003 billion.
C. It is US$23.7158 billion.
D. It is US$5.4103 billion.
Correct Answer: A
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
Select the correct statement regarding Commercial banks' reserves as of 18 September 2026.
A. It is US$21.4003 billion.
B. It is US$4.012 billion.
C. It is US$26.8106 billion.
D. It is US$5.4103 billion.
Correct Answer: D
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
Select the correct statement regarding SBP liquid foreign exchange reserves as of 18 September 2026.
A. It is US$21.4003 billion.
B. It is US$5.4103 billion.
C. It is US$26.8106 billion.
D. It is US$18.3282 billion.
Correct Answer: A
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
Which of the following is correctly associated with Export receipts are a source of?
A. Provincial borrowing
B. Foreign exchange inflows
C. Population growth
D. Only domestic tax arrears
Correct Answer: B
Exports earn foreign currency and support external receipts.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Foreign Exchange Reserves and Exchange Rate
Which of the following is correctly associated with Import payments create demand for?
A. Land revenue
B. Only domestic coins
C. Foreign currency
D. Provincial bonds only
Correct Answer: C
Importers generally need foreign currency to pay overseas suppliers.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Foreign Exchange Reserves and Exchange Rate
Which of the following is correctly associated with A flexible exchange rate is primarily determined by?
A. Provincial assemblies alone
B. A fixed constitutional article
C. Foreign exchange market demand and supply
D. Population census
Correct Answer: C
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
Which of the following is correctly associated with The spread between an exchange-rate bid and offer is?
A. Policy-rate corridor
B. Fiscal deficit
C. Difference between buying and selling quotations
D. Difference between exports and imports
Correct Answer: C
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
Which of the following is correctly associated with A large external debt repayment, other things equal, can?
A. Increase exports by law
B. Reduce official reserves
C. Increase reserves automatically
D. Raise provincial share
Correct Answer: B
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
Which of the following is correctly associated with An IMF disbursement received by Pakistan can directly?
A. Eliminate imports
B. Increase official foreign exchange reserves
C. Change the NFC formula automatically
D. Reduce the population
Correct Answer: B
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
Which of the following is correctly associated with NEER stands for?
A. National External Exchange Reserve
B. Nominal Effective Exchange Rate
C. Net Effective Export Ratio
D. Nominal Economic Equity Rate
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
Which of the following is correctly associated with REER stands for?
A. Reserve Exchange Equilibrium Ratio
B. Real External Export Rate
C. Regional Effective Economic Reserve
D. Real Effective Exchange Rate
Correct Answer: D
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
Which of the following is correctly associated with Foreign exchange reserves are most directly used to help meet?
A. Provincial land revenue
B. Local property taxes
C. Domestic census costs
D. External payment obligations
Correct Answer: D
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
Which of the following is correctly associated with Workers' remittances enter Pakistan's balance of payments mainly under?
A. Monetary base
B. Capital account only
C. Government budget account
D. Current account
Correct Answer: D
Workers' remittances are recorded in the current account as secondary income under BPM6.