CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Foreign Exchange Reserves and Exchange Rate
Which of the following is correctly associated with A current account surplus, other things equal, tends to?
A. Eliminate all public debt
B. Abolish exchange-rate risk
C. Support foreign exchange reserves
D. Reduce tax revenue to zero
Correct Answer: C
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
Which of the following is correctly associated with Appreciation of the Pakistani rupee against the US dollar means?
A. Reserves must become zero
B. Fewer PKR are needed to buy one USD
C. More PKR are needed to buy one USD
D. Imports become legally prohibited
Correct Answer: B
Appreciation means the rupee gains value against the dollar.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Foreign Exchange Reserves and Exchange Rate
Which of the following is correctly associated with Depreciation of the Pakistani rupee against the US dollar means?
A. Fewer PKR are needed to buy one USD
B. The policy rate must fall
C. More PKR are needed to buy one USD
D. Exports automatically decline
Correct Answer: C
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
Which of the following is correctly associated with An exchange rate expressed as PKR per US dollar means?
A. Rupees required to buy one US dollar
B. Dollars required to buy one rupee
C. Gold price per rupee
D. Interest rate on dollars
Correct Answer: A
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
Which of the following is correctly associated with A rise in foreign exchange reserves generally improves?
A. Provincial tax autonomy
B. Fiscal devolution
C. Population growth
D. External payment capacity
Correct Answer: D
Higher reserves generally strengthen the capacity to meet external payment obligations and absorb shocks.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Foreign Exchange Reserves and Exchange Rate
Which of the following is correctly associated with Institution responsible for Pakistan's monetary policy and official reserve management?
A. Federal Board of Revenue
B. State Bank of Pakistan
C. Pakistan Bureau of Statistics
D. Ministry of Commerce
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
Which of the following is correctly associated with USD/PKR M2M revaluation rate on 29 September 2026?
A. 277.2649
B. 276.8398
C. 275.5000
D. 277.1214
Correct Answer: D
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
Which of the following is correctly associated with USD/PKR weighted average offer rate on 29 September 2026?
A. 277.2649
B. 278.5000
C. 277.1214
D. 276.8398
Correct Answer: A
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
Which of the following is correctly associated with USD/PKR weighted average bid rate on 29 September 2026?
A. 277.1214
B. 276.8398
C. 277.2649
D. 276.0000
Correct Answer: B
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
Which of the following is correctly associated with SBP overnight repo floor rate in late September 2026?
A. 10.5%
B. 9.5%
C. 11.5%
D. 12.5%
Correct Answer: A
The floor rate was 10.5% p.a.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Foreign Exchange Reserves and Exchange Rate
Which of the following is correctly associated with SBP overnight reverse repo ceiling rate in late September 2026?
A. 10.5%
B. 13.5%
C. 12.5%
D. 11.5%
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
Which of the following is correctly associated with 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
Which of the following is correctly associated with Total liquid foreign exchange reserves as of 18 September 2026?
A. US$23.7158 billion
B. US$21.4003 billion
C. US$5.4103 billion
D. US$26.8106 billion
Correct Answer: D
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
Which of the following is correctly associated with Commercial banks' reserves as of 18 September 2026?
A. US$21.4003 billion
B. US$5.4103 billion
C. US$4.012 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
Which of the following is correctly associated with SBP liquid foreign exchange reserves as of 18 September 2026?
A. US$5.4103 billion
B. US$26.8106 billion
C. US$18.3282 billion
D. US$21.4003 billion
Correct Answer: D
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
What is the correct value/answer for Export receipts are a source of?
A. Only domestic tax arrears
B. Provincial borrowing
C. Population growth
D. Foreign exchange inflows
Correct Answer: D
Exports earn foreign currency and support external receipts.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Foreign Exchange Reserves and Exchange Rate
What is the correct value/answer for Import payments create demand for?
A. Land revenue
B. Provincial bonds only
C. Only domestic coins
D. Foreign currency
Correct Answer: D
Importers generally need foreign currency to pay overseas suppliers.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Foreign Exchange Reserves and Exchange Rate
What is the correct value/answer for A flexible exchange rate is primarily determined by?
A. Foreign exchange market demand and supply
B. A fixed constitutional article
C. Population census
D. Provincial assemblies alone
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
What is the correct value/answer for The spread between an exchange-rate bid and offer is?
A. Fiscal deficit
B. Difference between buying and selling quotations
C. Difference between exports and imports
D. Policy-rate corridor
Correct Answer: B
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
What is the correct value/answer for A large external debt repayment, other things equal, can?
A. Increase exports by law
B. Raise provincial share
C. Increase reserves automatically
D. Reduce official reserves
Correct Answer: D
External debt repayments require foreign currency and can reduce reserves unless offset by inflows.