SDR

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SDR

Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

SDR

see INTERNATIONAL MONETARY FUND.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson

SDR

see SPECIAL DRAWING RIGHT.
Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005
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