Here’s how the IMF’s special drawing rights increase works and who benefits
Allocation of SDRs is heavily skewed towards the bigger and richer countries, but the increase will be good for SA
07 April 2021 - 13:13
London — The world’s top finance ministers are set to back a new $650bn allocation of the International Monetary Fund’s (IMF) own currency, special drawing rights (SDRs), to help low-income countries hit by the coronavirus pandemic.
We explain what SDRs are, how they are used and which countries could benefit the most...
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