reserve assets in the International Monetary Fund; designed to supplement reserves of gold and convertible currencies used to maintain stability in the foreign exchange market
English language
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special drawing rights::noun | Spocien Dictionary
| Type | Words |
|---|---|
| Synonyms | paper gold |
| Type of | reserve assets |
Examples of special drawing rights
special drawing rights
Remaining to be decided, for instance, is the amount of special drawing rights to be created.
From the time.com
Special drawing rights, or SDRs, are a form of composite currency issued by the IMF to its members.
From the infowars.com
This would probably include the use of the IMF's own currency special drawing rights, a move for which China has pushed.
From the businessweek.com
In a recent report on globalization, George Soros identifies another promising approach using special drawing rights, or SDRs.
From the businessweek.com
In March their market value-including foreign currency, special drawing rights and reserve positions at the IMF-was $355 billion.
From the economist.com
The currency should be based on shares in the IMF held by its 185 member nations, known as special drawing rights, or SDRs, the essay said.
From the abcnews.go.com
Rather, they would accumulate the right to claim foreign currencies, or special drawing rights, or SDRs, rather than the currencies themselves.
From the cnn.com
The special drawing rights would be backed by a basket of currencies, which would make them less susceptible to volatility in any one currency.
From the cnn.com
India's special drawing rights with the International Monetary Fund fell by $20 million to $5.2 billion while its reserves with the IMF dropped by $5 million to $1.36 billion.
From the bloomberg.com
