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Currency Amounts in the SDR Basket - Proposed Changes to the Rounding Methodology

Currency Amounts in the SDR Basket - Proposed Changes to the Rounding Methodology »

Source: Currency Amounts in the SDR Basket - Proposed Changes to the Rounding Methodology

Volume/Issue: 2016/039

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 July 2016

ISBN: 9781498345453

Keywords: Basket of currencies, Executive Board decisions, Lapse of time approval, Rule O-2, SDR valuation basket, SDR valuation method, Floating exchange rates, Special Drawing Rights, currency amount, significant digit

Currency amounts are used to determine the daily value of the SDR. Currency amounts are the number of units of each currency in the SDR basket. The value of the SDR (in U.S. dollars) is the sum of these amounts, va...

Currency Amounts in the SDR Basket - Proposed Changes to the Rounding Methodology

Currency Amounts in the SDR Basket - Proposed Changes to the Rounding Methodology »

Volume/Issue: 2016/039

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 July 2016

DOI: http://dx.doi.org/10.5089/9781498345453.007

ISBN: 9781498345453

Keywords: Basket of currencies, Executive Board decisions, Lapse of time approval, Rule O-2, SDR valuation basket, SDR valuation method, Floating exchange rates, Special Drawing Rights, currency amount, significant digit

Currency amounts are used to determine the daily value of the SDR. Currency amounts are the number of units of each currency in the SDR basket. The value of the SDR (in U.S. dollars) is the sum of these amounts, va...