current affairs MCQ #6943

What is the approximate level of Pakistan's foreign exchange reserves held by SBP in mid-2024 after IMF disbursement?

current affairs MCQ #6943

  1. Question 1

    Q1. What is the approximate level of Pakistan's foreign exchange reserves held by SBP in mid-2024 after IMF disbursement?

    • A) Approximately $9 to $10 billion
    • B) Approximately $25 billion
    • C) Approximately $3 billion
    • D) Approximately $15 billion

    Answer: Approximately $9 to $10 billion

    Explanation: After receiving the first IMF EFF tranche in July 2024, SBP-held foreign exchange reserves recovered to approximately $9-10 billion, providing import cover of around 1.5-2 months, though still below the 3-month threshold considered adequate.