Explaining SDRs (Special Drawing Rights)

International Monetary Fund ( Original )
AUG 10, 2016

Published on Jul 8, 2016 The Special Drawing Right or SDR is an international reserve asset created by the IMF to supplement the official reserves of its member countries and can be exchanged for freely usable currencies.

GoldSilver Latest News

All-Time Great Investment Buys Make You Feel Emotionally Wrecked and Physically Ill

Call It What It Is: "Are You Prepared for the End of Fake Money?"

All Hail the Mighty Stock Market, +141% Over Past 20 Years. (Gold +327%)

Right on Cue, With Trade War Options Ending, Trump Starts Jawboning Currency War

Trump: "Tariffs on 100% of China Imports"; Fed's Powell: "What Trade War?"

A Completely Broken Market: 45-Year Monthly Low Volatility for 10-Year Treasury Yiel...

For Predicting Recession, the Reddish-Brown Metal May Be the Most Prescient of All

Trump Ready to Put Tariffs All $505 Billion of Chinese Imports

Miller on the Money: Don't Be Fooled, Current Buybacks Are Terrible Investments

Real Life ≠ HGTV: 40% of Millennials Are Homeowners; 70% of Them Regret Buying

Whatever You Do, Don't Look Under the Hood: Beyond Upbeat Sentiment Numbers

You Thought ZIRP Was as Bad as Fed Rate Policy Could Get? NIRP!

The Nonsense of "4% Unemployment" Part 2: Lowest Initial Jobless Claims Since 1969

The Nonsense of "4% Unemployment": Food Assistance at 2008 'Great Recession' Level

How Do You Say 'Quantitative Easing' in Mandarin? 'Medium-Term Lending Facility'