CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Foreign Exchange Reserves and Exchange Rate
An appreciation of the rupee means:
A. Fewer rupees per dollar
B. More rupees per dollar
C. No exchange rate
D. Higher fiscal deficit by definition
Correct Answer: A
Appreciation raises the rupee's value relative to the dollar.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Foreign Exchange Reserves and Exchange Rate
A depreciation of the Pakistani rupee against the US dollar means:
A. More rupees are required to buy one dollar
B. Fewer rupees are required to buy one dollar
C. The dollar ceases to exist
D. Exports become illegal
Correct Answer: A
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
An increase in SBP reserves, other things equal, generally:
A. Strengthens external buffers
B. Eliminates all public debt
C. Guarantees a fixed exchange rate
D. Ends inflation
Correct Answer: A
Higher reserves improve the country's external liquidity buffer.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Foreign Exchange Reserves and Exchange Rate
Foreign exchange reserves are important mainly because they help Pakistan:
A. Meet external payments and support confidence
B. Set provincial boundaries
C. Conduct the census
D. Collect property tax
Correct Answer: A
Reserves provide foreign-currency liquidity for imports, debt service and other external payments.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Foreign Exchange Reserves and Exchange Rate
Which institution publishes Pakistan's official weekly liquid foreign exchange reserve data?
A. FBR
B. SBP
C. NEPRA
D. NDMA
Correct Answer: B
The State Bank of Pakistan publishes reserve data.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Foreign Exchange Reserves and Exchange Rate
On 2 October 2026, SBP's USD/PKR weighted average offer rate was about:
A. Rs 277.21
B. Rs 287.21
C. Rs 267.21
D. Rs 257.21
Correct Answer: A
The weighted average offer was Rs 277.2149.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Foreign Exchange Reserves and Exchange Rate
On 2 October 2026, SBP's USD/PKR weighted average bid rate was about:
A. Rs 246.79
B. Rs 266.79
C. Rs 276.79
D. Rs 296.79
Correct Answer: C
SBP showed a weighted average bid of Rs 276.7898 per US dollar.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Foreign Exchange Reserves and Exchange Rate
As of 25 September 2026, commercial banks' net foreign reserves were approximately:
A. $5.33 billion
B. $10.33 billion
C. $15.33 billion
D. $21.44 billion
Correct Answer: A
Commercial banks held about $5.3317 billion.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Foreign Exchange Reserves and Exchange Rate
As of 25 September 2026, Pakistan's total liquid foreign exchange reserves were approximately:
A. $21.44 billion
B. $26.77 billion
C. $31.10 billion
D. $17.03 billion
Correct Answer: B
Total liquid reserves were $26.7709 billion.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Foreign Exchange Reserves and Exchange Rate
As of 25 September 2026, SBP's liquid foreign exchange reserves were approximately:
A. $15.4 billion
B. $18.2 billion
C. $21.44 billion
D. $26.77 billion
Correct Answer: C
SBP reported reserves of $21.4392 billion as of 25 September 2026.