special drawing rights

listen to the pronunciation of special drawing rights
English - Turkish
(Ekonomi) Özel Çekme Hakları

Related Terms

special drawing right
özel çekme hakkı
English - English
(Ekonomi) A form of international money created by the International Monetary Fund, defined as a weighted average of various convertible currencies
{i} SDRs, method of settling international debts by way of the IMF]
A paper substitute for gold issued by the International Monetary Fund that functions as international reserves 354
A type of international money created by the International Monetary Fund (IMF) and allocated to its member nations SDRs are an international reserve asset, although they are only accounting entries (not actual coin or paper, and not backed by precious metal) Subject to certain conditions of the IMF, a nation that has a balance of payments deficit can use SDRs to settle debts to another nation or to the IMF
These were created in 1969 by the International Monetary Fund as a supplemental international monetary reserve asset SDRs are available to governments through the IMF and may be used in transactions between the fund and member governments
A monetary instrument established by the International Monetary Fund to take the place of gold as a supplemental international monetary reserve asset The unit of value of an SDR reflects the daily exchange value of a basket of five major currencies
A form of international reserve assets, created by the IMF in 1967, whose value is based on a portfolio of widely used currencies
is an international reserve asset created by the IMF It is valued in terms of a weighted basket of four currencies (US dollar, yen, sterling and euro)
reserve assets in the International Monetary Fund; designed to supplement reserves of gold and convertible currencies used to maintain stability in the foreign exchange market
SDR

Related Terms

Special Drawing Right
sdr
special drawing rights

    Hyphenation

    spe·cial draw·ing rights

    Turkish pronunciation

    speşıl drôîng rayts

    Pronunciation

    /ˈspesʜəl ˈdrôəɴɢ ˈrīts/ /ˈspɛʃəl ˈdrɔːɪŋ ˈraɪts/
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