SDR


Also found in: Dictionary, Thesaurus, Acronyms, Encyclopedia, Wikipedia.

SDR

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.

SDR

see INTERNATIONAL MONETARY FUND.

SDR

see SPECIAL DRAWING RIGHT.
References in periodicals archive ?
In this trigger event, all IMF member countries would need to buy the other member countries' currencies according to the SDR basket share.
Accordingly, the rupee "depreciation against the SDR resulted in an exchange loss of Rs124.30 billion", the SBP said in its Annual Performance Review for FY18.
Yi Gang, Deputy Governor of China's central bank, has stated that SDR inclusion will boost two-way flows into and out of the renminbi, keeping its exchange rate relatively stable.
Currently, the total value of SDRs is approximately $280 billion.
The Fund has been generally receptive to the idea that the yuan could join the US dollar, British pound, the euro and Japanese yen in the makeup of the SDR (special drawing right).
Zhu attributed his opinion to China's recent reforms to support the renminbi's bid for inclusion in the IMF SDR basket.
At the moment, the NHS does not routinely fund SDR for the condition because, although promising, current evidence on the effectiveness of the treatment is limited.
Many of those who have had SDR in the US gathered at a Support4SDR party in Daventry, Northants, on Saturday to show how the operations have changed their lives.
The major or dominant weed species were determined by computing SDR values (Wibawa et al., 2007) as follows: Relative density and relative dry weight weredetermined as follows: Absolute density of a species was equal to the total number of plants of that species in the sample plot and absolute dry weight of a species was the total biomass of that species in the sample plot.
In this paper, a new SDR detector is proposed for 256-QAM system [12].
The Executive Board's decision enables the immediate disbursement of an amount equivalent to SDR 9.514 million (about US$14.6 million) to the Kyrgyz Republic, bringing total disbursements under the arrangement to SDR 57.08 million (about US$87.6 million).