The State Bank of Pakistan (SBP) on 22 January signed an agreement with Abu Dhabi Fund for Development (ADFD) for__________to be deposited in the SBP account.

Correct answer: A. $3 billion

  • A. $3 billion
  • B. $4 billion
  • C. $5 billion
  • D. $7 billion

Explanation

The agreement with the Abu Dhabi Fund for Development covered a $3 billion deposit in the State Bank of Pakistan. The amount was intended to strengthen Pakistan’s foreign-exchange position.

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