Special Drawing Rights - SDR

Special Drawing Rights - SDR
An international type of monetary reserve currency, created by the International Monetary Fund (IMF) in 1969, which operates as a supplement to the existing reserves of member countries. Created in response to concerns about the limitations of gold and dollars as the sole means of settling international accounts, SDRs are designed to augment international liquidity by supplementing the standard reserve currencies.

You can think of SDRs as an artificial currency used by the IMF and defined as a "basket of national currencies". The IMF uses SDRs for internal accounting purposes. SDRs are allocated by the IMF to its member countries and are backed by the full faith and credit of the member countries' governments.


Investment dictionary. . 2012.

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  • Special drawing rights (SDR) — A form of international reserve assets, created by the IMF in 1967, whose value is based on a portfolio of widely used currencies. The New York Times Financial Glossary …   Financial and business terms

  • Special Drawing Rights (SDR) — ⇡ Sonderziehungsrechte (SZR) …   Lexikon der Economics

  • Special Drawing Rights — (SDRs) is a potential claim on the freely usable currencies of International Monetary Fund members. SDRs have the ISO 4217 currency code XDR.DefinitionSDRs are defined in terms of a basket of major currencies used in international trade and… …   Wikipedia

  • special drawing rights — ( SDR) A form of international reserve assets, created by the IMF in 1967, whose value is based on a portfolio of widely used currencies. Bloomberg Financial Dictionary * * *    ► See SDR. * * * special drawing rights UK US noun [plural]… …   Financial and business terms

  • special drawing rights — the reserve asset created through the International Monetary Fund as a supplement to gold and U.S. dollars, for use among the member governments in settling international payments. Abbr.: SDR, S.D.R. [1965 70] * * * …   Universalium

  • SDR — See: special drawing rights * * * SDR SDR noun [countable usually plural] ECONOMICS special drawing right; a unit of money created by the IMF. Each member country can borrow SDRs at favourable interest rates from the IMF s reserves when they are… …   Financial and business terms

  • SDR — Специальные права заимствования (англ. Special Drawing Rights, SDR, SDRs) искусственное резервное и платёжное средство, эмитируемое Международным валютным фондом (МВФ). Имеет только безналичную форму в виде записей на банковских счетах, банкноты… …   Википедия

  • SDR — may mean:Places* Santander, Cantabria * Santander Airport, IATA airport code * Somalia, previously known as the Somali Democratic Republic * Southern Distributor Road, the southern part of the Newport ring road in the United Kingdom * Snailbeach… …   Wikipedia

  • SDR — 〈Abk. für〉 Süddeutscher Rundfunk * * * SDR,   Abkürzung für:    1) [esdiː ɑː], Special Drawing Rights, die Sonderziehungsrechte;    2) Süddeutscher R …   Universal-Lexikon

  • SDR — steht für: City Airline, schwedische Fluggesellschaft (ICAO Code) Flughafen Santander (IATA Code) Satellite Digital Radio Schlag den Raab, eine Unterhaltungssendung Schutzverein Deutscher Rheder, der Rechtsschutzversicherer der meisten deutschen… …   Deutsch Wikipedia

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