Psychology, asked by mubarakslmcor, 11 days ago

The value of IMF is?

Answers

Answered by ItszBrainlyQueen

Those resources are denominated in special drawing rights (SDR); the value of an SDR is a weighted composite of the top five world currencies. Today, the IMF can call on total resources of nearly $1 trillion.

Answered by rinkum12138

Once agreed, the allocation is distributed to member countries in proportion to their quota shares at the Fund. Total global allocations are currently about SDR 204.2 billion (some $293 billion). IMF members can voluntarily exchange SDRs for currencies among themselves.

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