special drawing rights

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special drawing rights

pl n
(Economics) (sometimes capitals) the reserve assets of the International Monetary Fund on which member nations may draw in proportion to their contribution to the Fund. Abbreviation: SDRs
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Noun1.special drawing rights - reserve assets in the International Monetary Fundspecial drawing rights - 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
reserve assets - capital held back from investment in order to meet probable or possible demands
References in classic literature ?
It ain't been drawing right for nigh on a month now.
Dr Seretse Khama Ian Khama has approved the recommendation by the Minister of Finance and Economic Development, Mr Kenneth Matambo to maintain the Pula basket weight at 45 per cent of the South African Rand and 55 per cent to the Special Drawing Rights (SDR) of 2018.
The drawing rights amounted to an estimated total of 6 250 EUR 700, divided into 2 lots Lot 1: Borrowings funding classic: - Lot 2: Loan financing public sector sustainable projects.
This decline is mainly due to the decline of international currencies against the dollar, which is used by the Suez Canal Authority (SCA) in the collection of revenues, since it depends on a Special Drawing Rights (SDR) mechanism launched by the International Monetary Fund (IMF).
Global Banking News-November 17, 2015--Chinese official suggests that IMF should make its Special Drawing Rights digital
Japan's foreign exchange reserves consist of securities and deposits denominated in foreign currencies plus the International Monetary Fund (IMF) reserve positions, IMF special drawing rights and gold.
05 per cent, or five basis points, on its special drawing rights or SDR currency, which represents a basket of the currencies of its largest members.
8 million of special drawing rights (SDR), the International Development Association - 80.
SAMA's total assets include outside foreign investments in financial instruments, foreign currencies and deposits abroad, reserves at the International Monetary Fund, the special drawing rights and of course, gold.
The reserves mainly consist of securities and deposits denominated in foreign currencies and gold, as well as reserve positions and special drawing rights Japan holds at the International Monetary Fund.
The commission also looked at a draft law relating to the permission to raise Tunisia's share in the IMF by 258,7 million special drawing rights, that is 599,6 million dinars, to reach 545,2 million special drawing rights.
7 million Special Drawing Rights (SDR) equivalent to JA$8 billion (just under US$94 million), reports JIS (June 25, 2010).