current affairs MCQ #5940

To approximately how low did Pakistan's foreign exchange reserves fall at their most critical point in early 2023?

current affairs MCQ #5940

  1. Question 1

    Q1. To approximately how low did Pakistan's foreign exchange reserves fall at their most critical point in early 2023?

    • A) Approximately 5 billion US dollars
    • B) Approximately 3 billion US dollars
    • C) Approximately 7 billion US dollars
    • D) Approximately 1 billion US dollars

    Answer: Approximately 3 billion US dollars

    Explanation: Pakistan's foreign exchange reserves plummeted to roughly $3 billion in early 2023 — barely enough to cover three weeks of imports — pushing the country to the brink of default and accelerating IMF negotiations.