Question
Special Drawing Rights
Answer :
Word Count : 279
Special Drawing Rights (SDRs) are an international reserve asset created by the International Monetary Fund (IMF) in 1969 to supplement member countries’ official reserves. They are not a currency in the traditional sense but represent a potential claim on the freely usable currencies of IMF member countries. SDRs were introduced to address global liquidity shortages _____ ___ _______ _______ ________ _________ ______.
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Special Drawing Rights (SDRs) are an international reserve asset created by the International Monetary Fund (IMF) in 1969 to supplement member countries’ official reserves. They are not a currency in the traditional sense but represent a potential claim on the freely usable currencies of IMF member countries. SDRs were introduced to address global liquidity shortages _____ ___ _______ _______ ________ _________ ______.
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