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Forex question What is SDR?
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Question by: Henry - 14 Aug 2014, 10:06:59
What is SDR?
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Answer by: Henry - 12 Jan 2015, 03:20:03

Special drawing rights (XDR - aka: SDR) are supplementary foreign exchange reserve assets defined and maintained by the International Monetary Fund (IMF). The XDR is not a currency per se. It instead represents a claim to currency held by IMF member countries for which they may be exchanged.

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