SDR. An artificial currency unit based upon several national currencies. The...
Originally intended within the IMF as a sort of international money for use among central banks pegging their exchange rates, the SDR is a transferable right to acquire another country's currency. Defined in terms of a basket of currencies, today it plays the role in that form of a unit of international account.
an international reserve asset created by the IMF. It is valued in terms of a weighted basket of four currencies (US dollar, yen, sterling and euro).
International reserve asset created by the IMF in 1969 and used by it for bookkeeping purposes. The SDR currency basket consists of the five weighted currencies of the G5 countries (dollar, D-Mark, pound, French franc and yen).
an international monetary unit (fixed by the International Monetary Fund), the value of which fluctuates daily and can be found in the Financial Times' guide to world currency
a sort of international currency equivalent, set by the International Monetary Fund
An international reserve created by the International Monetary Fund and allocated to member countries to supplement foreign exchange reserves.
A reserve asset used as a unit of account, as defined by the International Monetary Fund (IMF).
The SDR is an artificial currency used by the International Monetary Fund (IMF) for internal accounting purposes. Some countries use the SDR as a peg for their currency. Currently, the basket of currencies that make up the SDR include the US-dollar, Euroland Euro, British Pound and the Japanese Yen. Special Drawing Rights Allocations - the international reserve asset created by the IMF in which financial assistance to a member country maybe allocated based on the member's quota.
A unit of value, based on a number of currencies, used to regulate limits of liability under international conventions.
International reserve asset created by the IMF in 1969 and used by it for book-keeping purposes. The SDR currency basket consists of the weighted currencies of the G5 countries (US, Germany, UK, France and Japan).
A unit of account issued and allocated by the IMF to its member states. It represents an international, non convertible paper money created by the IMF, which member countries may use in case of deficit in their balance of international payments to settle debts with another country, or with the IMF. Français: Droits de tirages spéciaux (DTS) Español: Derecho especial de giro (DEG)
Reserve assets held by members of the International Monetary Fund (Bretton Woods system). Members are allocated an amount of SDRs in proportion to their quota in the IMF. Their value is determined via a basket of currencies. Some countries define the parity of their currency in SDRs.