current affairs MCQ #5931

To approximately what level did Pakistan's foreign exchange reserves recover by 2024 after hitting a crisis low in early 2023?

current affairs MCQ #5931

  1. Question 1

    Q1. To approximately what level did Pakistan's foreign exchange reserves recover by 2024 after hitting a crisis low in early 2023?

    • A) Approximately 9 to 10 billion US dollars
    • B) Approximately 3 to 4 billion US dollars
    • C) Approximately 15 billion US dollars
    • D) Approximately 6 to 7 billion US dollars

    Answer: Approximately 9 to 10 billion US dollars

    Explanation: After crashing to a critically low level of roughly $3 billion in early 2023, Pakistan's foreign exchange reserves recovered to approximately $9–10 billion by 2024, aided by IMF tranches, Gulf deposits, and export receipts.