Definitions for "Special Drawing Right"
Keywords:  sdr, imf, yen, basket, quota
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).