What is Special Drawing rights (SDR)? Discuss its main features.

Question

11 Sep 2024

Answer :

Word Count : 201

Special Drawing Rights (SDRs) are an international reserve asset created by the International Monetary Fund (IMF) to supplement its member countries' official reserves. Introduced in 1969, SDRs are designed to enhance global liquidity and provide financial support to member countries ___ _____ _____ ________ _________ _________ _______ _____ _____ _______ ______ _____.
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