Special Drawing Rights definition

Special Drawing Rights and the symbol “SDR” mean special drawing rights as valued by the International Monetary Fund in accordance with its Articles of Agreement”;

Special Drawing Rights. “Reserve Positions in the Fund” and “Foreign Exchange,” have, as to the types of assets included, the meanings given to them in the IMF’s publication entitled “International Financial Statistics” or such other meanings as shall be formally adopted by the IMF from time to time.

Special Drawing Rights and the symbol

Examples of Special Drawing Rights in a sentence

• The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to sixty four million six hundred thousand Special Drawing Rights (SDR 64,600,000) (“Financing”).

• The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a credit in an amount equivalent to three hundred sixty four million four hundred thousand Special Drawing Rights (SDR 364,400,000) (“Credit”) to assist in financing the project described in Schedule 1 to this Agreement (“Project”).

• The Association agrees to lend to the Borrower, on the terms and conditions set forth or referred to in the Development Credit Agreement, an amount in various currencies equivalent to thirty six million nine hundred thousand Special Drawing Rights (SDR 36,900,000).

• The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to three million five hundred thousand Special Drawing Rights (SDR 3,500,000) (“Grant”) to assist in financing the project described in Schedule 1 to this Agreement (“Project”).

• The Association agrees to lend to the Borrower, on the terms and conditions set forth or referred to in the Development Credit Agreement, an amount in various currencies equivalent to one million six hundred thousand Special Drawing Rights (SDR 1,600,000).

More Definitions of Special Drawing Rights

Special Drawing Rights. (SDR) means the unit of account as defined by the International Monetary Fund.

Special Drawing Rights or "SDR" means a special unit currency, the currency values of which fluctuate and are recalculated each banking day as reported.

Special Drawing Rights means Special Drawing Rights as determined by the International Monetary Fund.

Special Drawing Rights means an international reserve asset, created by the IMF in 1969 to supplement its member countries’ official reserves;

Special Drawing Rights or “SDR” mean special drawing rights as valued from time to time by the International Monetary Fund in accordance with its Articles of Agreement.

Special Drawing Rights means special drawing rights allocated by the Fund under Article XV of the Fund Agreement;

Special Drawing Rights means Special Drawing Right as defined by the International Monetary Fund, to be converted into the national currency in accordance with the valuation applied by the International Monetary Fund.