Approximately how much did Pakistan's foreign exchange reserves reduce SBP's forward liabilities by, as reported in the August 2026 Monetary Policy Report?
A
$3 billion
B
$1 billion
C
$2 billion
D
$500 million
Correct Answer: Option B — $1 billion
Explanation:
According to the State Bank of Pakistan's Monetary Policy Report of August 2026, SBP's forward liabilities were reduced by around $1 billion, reflecting continued efforts to strengthen the external reserves position.