SPECIAL DRAWING RIGHTS
(noun)Did you mean?
Definitions
There is 1 meaning of the phrase
Special Drawing Rights.
Special Drawing Rights - as a noun
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
Synonyms (Exact Relations)
paper goldExample Sentences
"The International Monetary Fund uses special drawing rights as a unit of account."
"Countries can use special drawing rights to supplement their official reserves."
"China is one of the largest holders of special drawing rights."
"The value of special drawing rights is based on a basket of major currencies."
"Countries can borrow special drawing rights from the International Monetary Fund."
