This paper provides an update on the status of the Special Drawing Rights (SDRs) trading market and operations. For more than three decades, SDRs have exclusively been exchanged for freely usable ...

IMF credit is extended to its members in both currencies and SDRs. Credit extended in currencies is financed from the quota resources made available to the IMF by members, and essentially involves a ...

Late Monday night the IMF announced the results of its five-yearly review of the composition and weightings of Special Drawing Rights. The surprise – or not – is that very little will change from ...

(1) The value of the U.S. dollar in terms of the SDR is the recip rocal of the sum of the dollar values, based on market exchange rates, of specified quant ities of the first four currencies shown.

The Central Bank of Ireland should explain why the Irish government should underwrite contributions to an IMF fund for low-income and vulnerable middle-income countries, an Oireachtas committee has ...