Artificial currency

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Artificial currency

A currency substitute, e.g., special drawing rights (SDRs).
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Artificial Currency

A currency that does not circulate and is used for accounting purposes only. A prominent example is the special drawing right, which is based on a basket of different currencies and is used when accounting IMF transactions.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved