Series: Policy Papers
Author(s): International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 13 July 2016
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...