(Source: IMF - International Monetary Fund) Press Release No. 15/543 December 1, 2015 On November 30, 2015, the Executive Board of the International Monetary Fund (IMF) completed the quinquennial review of the method of valuation of the Special Drawing Right (SDR), approving the revised currency composition and currency weights for the value of the SDR (see Press Release No. 15/540). The Board discussion was based on the staff paper Review of the Method of Valuation of the SDR. Under the existing SDR valuation method adopted by the Executive Board in 2000, the SDR currency basket is reviewed every five years unless developments in the interim justify an earlier review. SDR reviews evaluate...
↧