CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Foreign Exchange Reserves and Exchange Rate
What is the correct value/answer for An IMF disbursement received by Pakistan can directly?
A. Change the NFC formula automatically
B. Reduce the population
C. Increase official foreign exchange reserves
D. 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
What is the correct value/answer for NEER stands for?
A. National External Exchange Reserve
B. Net Effective Export Ratio
C. Nominal Effective Exchange Rate
D. Nominal Economic Equity Rate
Correct Answer: C
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
What is the correct value/answer for REER stands for?
A. Real External Export Rate
B. Regional Effective Economic Reserve
C. Real Effective Exchange Rate
D. Reserve Exchange Equilibrium Ratio
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
What is the correct value/answer for Foreign exchange reserves are most directly used to help meet?
A. Provincial land revenue
B. Domestic census costs
C. Local property taxes
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
What is the correct value/answer for Workers' remittances enter Pakistan's balance of payments mainly under?
A. Capital account only
B. Monetary base
C. Government budget account
D. 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
What is the correct value/answer for A current account surplus, other things equal, tends to?
A. Support foreign exchange reserves
B. Eliminate all public debt
C. Reduce tax revenue to zero
D. Abolish exchange-rate risk
Correct Answer: A
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
What is the correct value/answer for Appreciation of the Pakistani rupee against the US dollar means?
A. Imports become legally prohibited
B. Reserves must become zero
C. Fewer PKR are needed to buy one USD
D. 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
What is the correct value/answer for Depreciation of the Pakistani rupee against the US dollar means?
A. More PKR are needed to buy one USD
B. Fewer PKR are needed to buy one USD
C. The policy rate must fall
D. Exports automatically decline
Correct Answer: A
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
What is the correct value/answer for An exchange rate expressed as PKR per US dollar means?
A. Rupees required to buy one US dollar
B. Gold price per rupee
C. Interest rate on dollars
D. Dollars required to buy one rupee
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
What is the correct value/answer for A rise in foreign exchange reserves generally improves?
A. Provincial tax autonomy
B. Population growth
C. External payment capacity
D. Fiscal devolution
Correct Answer: C
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
What is the correct value/answer for Institution responsible for Pakistan's monetary policy and official reserve management?
A. Ministry of Commerce
B. State Bank of Pakistan
C. Federal Board of Revenue
D. Pakistan Bureau of Statistics
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
What is the correct value/answer for USD/PKR M2M revaluation rate on 29 September 2026?
A. 275.5000
B. 276.8398
C. 277.2649
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
What is the correct value/answer for USD/PKR weighted average offer rate on 29 September 2026?
A. 277.2649
B. 276.8398
C. 277.1214
D. 278.5000
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
What is the correct value/answer for 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
What is the correct value/answer for SBP overnight repo floor rate in late September 2026?
A. 9.5%
B. 12.5%
C. 10.5%
D. 11.5%
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
What is the correct value/answer for SBP overnight reverse repo ceiling rate in late September 2026?
A. 12.5%
B. 11.5%
C. 13.5%
D. 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
What is the correct value/answer for SBP policy rate after 14 September 2026 MPC meeting?
A. 10.5%
B. 11.5%
C. 13.0%
D. 12.5%
Correct Answer: B
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
What is the correct value/answer for Total liquid foreign exchange reserves as of 18 September 2026?
A. US$26.8106 billion
B. US$23.7158 billion
C. US$21.4003 billion
D. 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
What is the correct value/answer for 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
What is the correct value/answer for SBP liquid foreign exchange reserves as of 18 September 2026?
A. US$26.8106 billion
B. US$18.3282 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.