Sentence examples for sdrs from inspiring English sources

Dictionary

sdrs

noun

Plural of SDR

Exact(59)

But since most of the SDRs will sit in the coffers of the world's biggest economies, they will do less to support demand than the headline figures suggest.In this section Safe without the bomb?

The exchange rate between the dollar and the euro would change but the yuan would remain substantially undervalued.That is why I support Governor Zhou Xiaochuan of the People's Bank of China's suggestion of a substitution account at the IMF into which China and other countries could deposit their dollars for Special Drawing Rights (SDRs).

Alternatively, countries with strong external finances can buy SDRs from countries which need hard currency.

SPECIAL Drawing Rights, or SDRs, are often referred to as the IMF's currency.

This would be a much more modest step than replacing dollars with SDRs as the global key currency.

That is why Fund officials want a quota increase to raise their usable cash by 46 billion SDRs, as well as a new credit line of up to 34 billion SDRs in place of today's limit of 17 billion SDRs.

Before the Russian bail-out the Fund had 52.6 billion SDRs of such liabilities.

If China could swap dollars for SDRs, some exchange-rate risk would be shifted to the other members of the IMF.

SDRs are allocated to IMF members on the basis of their contribution to the fund.Mr Zhou's plan could win support from other emerging economies with large reserves.

There will be some other assets, some SDRs, for instance.

In America, however, the law-makers have to agree.Adding all the present quotas together gives the Fund total resources of 144 billion SDRs ($192 billion).

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