Word info

special drawing right

Noun

Meaning

special drawing right (plural special drawing rights)

A monetary unit of account maintained by the International Monetary Fund (IMF), the value of which is based on a basket of major currencies, currently (since 2016) consisting of the US dollar, the euro, the renminbi, the Japanese yen, and the pound sterling.
Synonym: paper gold

Source: en.wiktionary.org

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