Business Studies, asked by ashad6248, 7 months ago

discuss special drawing rights (SDR) of IMF​

Answers

Answered by cyrilcj777wifi
2

Answer:

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Explanation:

Special drawing rights are supplementary foreign exchange reserve assets defined and maintained by the International Monetary Fund. SDRs are units of account for the IMF, and not a currency per se. They represent a claim to currency held by IMF member countries for which they may be exchanged.

Answered by Anonymous
6

Special drawing rights (SDR) refer to an international type of monetary reserve currency created by the International Monetary Fund (IMF) in 1969 that operates as a supplement to the existing money reserves of member countries.

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