New answers tagged currency
1
IMF does not 'print money' by allocation of special drawing rights (SDR). SDR is not technically considered currency or money, as it does not serve as a general accepted medium of exchange. Rather SDR is considered to be 'reserve asset' (see IMF explainer of SDR here).
In turn, the SDR is convertible in terms of the basked currencies (US dollar, euro, ...
Top 50 recent answers are included
