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”;

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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

In the absence of a market for foreign exchange, the rate to be used shall be the most recent exchange rate for the conversions of currencies into Special Drawing Rights.
In the absence of such a market exchange rate, the rate to be used will be the most recent exchange rate applied to inward investments or the most recent exchange rate for conversion of currencies into Special Drawing Rights, whichever is the more favourable to the investor.
In the absence of a market for foreign exchange, the rate to be used will be the most recent rate applied to inward investments or the most recent exchange rate for conversion of currencies into Special Drawing Rights, whichever is the most favourable to the investor.
For transportation of checked baggage and cargo, THE CARRIER’s liability shall be limited to the sum of 17 Special Drawing Rights per kilo, unless a special declaration of value has been made by the sender at the time cargo is delivered to THE CARRIER and by paying a supplementary fee, if applicable.
Shall be revised every 5 years with respect to inflation rate indexes of nations whose currencies are covered by Special Drawing Rights.

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

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 units of account used by the International Monetary Fund and known as special drawing rights;