Part Two: Allocation and First Use of SDRs
- International Monetary Fund
- Published Date:
- February 1996
“In my judgment, the experience up to now with the operation of the special drawing rights facility has been highly successful, and it can be stated that the SDR has become established as a reserve asset.”
—Pierre-Paul Schweitzer, Managing Director, addressing the Twenty-Fifth Annual Meeting of the Board of Governors on September 21, 1970.