Speaking on the sidelines of a UN conference on development financing in Seville, Cuerpo said Spain has committed to shifting ...

Special Drawing Rights (SDRs) are an asset, though not money in the classic sense because they can’t be used to buy things. The value of an SDR is based on a basket of the world’s five leading ...

Spain commits to redirecting $1.9 billion in Special Drawing Rights to the IMF, aiming to bolster support for developing ...

Special Drawing Rights, or S.D.R.s, were created in the 1960s and are essentially a line of credit that can be cashed in for hard currency by member countries of the I.M.F.

Special drawing rights are an artificial currency instrument created by the International Monetary Fund for internal accounting purposes. The value of the SDR is calculated from a weighted basket ...

Countries deposit 25 percent of their quota subscriptions in Special Drawing Rights or major currencies, such as U.S. dollars or Japanese yen. The IMF can call on the remainder, ...

The Special Drawing Right (SDR) is an interest-bearing international reserve asset created by the IMF in 1969 to supplement other reserve assets of member countries. The SDR is based on a basket of ...

Special drawing rights (SDRs) are a world reserve asset whose value is based on a basket of five major international currencies. SDRs were created by the International Monetary Fund (IMF) in 1969.

Special drawing rights (SDRs) refer to an international type of monetary reserve currency created by the International Monetary Fund (IMF) in 1969.