As has been said, the meter galvanometer is linked by cords to aperture and shutter speed rings as well as to the ASA setting knob. If you set ASA 1600, B and lens 2 or 3 stops from wide open, the needle should center between the + and - marks.
Most probable cause why meter doesn't work is a corroded wire from the battery terminal to the meter at the top. Usually the wire can not be extended, only completely replaced which requires removal of the front plate and mirror box. After replacing the wire and adding a Schottky diode in series it usually works fine again with 1.55V SR44 batteries.