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special drawing rights
(redirected from IMF Special Drawing Rights)

    Also found in: Financial, Encyclopedia, Wikipedia 0.02 sec.
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
ThesaurusLegend:  Synonyms Related Words Antonyms
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
paper gold
reserve assets - capital held back from investment in order to meet probable or possible demands
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Strauss-Kahn said resources for the fund, "which could climb to $100 billion a year," could be raised through an allocation to IMF member countries of IMF special drawing rights, or SDRs.
IMF working on plans for "green fund" by Daily News Egypt (Egypt)
The five-year bonds will be denominated in IMF special drawing rights, an IMF currency basket composed of the US dollar, euro, yen, and British pound.
IMF board clears plan for first bonds by AFP / AFP Global Edition
Earlier this month, the Group of 20 nations tripled the IMF's resources to USD750bn, and also agreed to support a general allocation of USD250bn worth of IMF Special Drawing Rights (SDRs) to IMF member countries to boost liquidity amid troubled credit markets.
India may offer USD10bn-USD11bn to IMF loan pool by Global Banking News (GBN)
 
 
 
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