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SDRs

British  

abbreviation

  1. special drawing rights

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

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This "Climate Mitigation Trust Fund" would be funded by tens of billions of dollars' worth of SDRs and overseen by the IMF and the UN.

From BBC Jun. 21, 2023

Developed countries can direct part of their SDRs to the account.

From Reuters May 12, 2022

To spend the $17 billion in SDRs, Russia would have to find countries willing to exchange them for the underlying currencies, a prospect seen as unlikely.

From Reuters Mar. 4, 2022

All IMF members received SDRs - backed by dollars, euros, yen, sterling and yuan - in proportion to their shareholding in the Fund in the distribution aimed at helping poorer countries fight the COVID-19 pandemic.

From Reuters Mar. 1, 2022

Alternatively, the draw SDRs and convert them to the aforementioned "hard" currencies.

From After the Rain : how the West lost the East by Vaknin, Samuel

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