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Special Drawing Rights |
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Special Drawing Rights (SDR) A form of international reserve assets, created by the IMF in 1967, whose value is based on a portfolio of widely used currencies. Special Drawing Rights A reserve currency created by the International Monetary Fund to reduce the pressure on gold and the U.S. dollar in international transactions. It was established in the late 1960s and is mainly used in the IMF's internal accounting. A few currencies are pegged to the SDR; they derive their value from a currency basket consisting of the U.S. dollar, the Japanese yen, the British pound, and the euro. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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Accounting Currency AED American Depositary Receipt Artificial Currency Bahraini Dinar Bancor BHD Counterpart items DEM Derecho de giro Deutschemark Direito de saque Droit de tirage Emirati Dirham Gold Tranche IMF International Monetary Fund Jamaica Accord JOD | Strauss-Kahn said resources for the fund, "which could climb to $100 billion a year," could be raised through an allocation to IMF member countries of IMF special drawing rights, or SDRs. The five-year bonds will be denominated in IMF special drawing rights, an IMF currency basket composed of the US dollar, euro, yen, and British pound. Earlier this month, the Group of 20 nations tripled the IMF's resources to USD750bn, and also agreed to support a general allocation of USD250bn worth of IMF Special Drawing Rights (SDRs) to IMF member countries to boost liquidity amid troubled credit markets. |
IMF Special Drawing Rights |
IMESS IMET IMETAF IMETC IMETP IMETS IMETS-L IMEU IMEUC IMEUS IMEV IMEVS IMEW IMEWE IMEWG IMEWS IMEX IMF IMF IMF IMF IMF IMF IMF (disambiguation) IMF (disambiguation) IMF chief IMF chief IMF chief IMF chief IMF Institute Department IMF Special Drawing Rights IMFAIMFAA IMFAC IMFAR IMFB IMFC IMFCA IMFCU Imferon IMFET IMFF IMFG IMFGE IMFH IMFHA IMFHS IMFI IMFIFS IMFJ IMFL IMFLA IMFM IMFMS IMFN | |||||||
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