This chart shows reserves SDR holdings by country.
The SDR is an international reserve asset created by the IMF in 1969 to supplement to existing reserve assets. An SDR allocation is a distribution of SDRs to members by decision of the IMF. A "general" allocation requires a finding by the IMF that there is a global need to additional liquidity. Members and prescribed holders may use their SDR holdings to conduct transactions with the IMF.
Special Drawing Right. An artificial currency unit based upon several national currencies. The Special Drawing Right serves as the official monetary unit of several international organizations including the International Monetary Fund, and acts as a supplemental reserve for national banking systems.
8 years ago