1969 Current Affairs, GK & News

IMF: Review of Special Drawing Rights (SDR)

The International Monetary Fund (IMF) increased the weighting of the US dollar and Chinese yuan (Renminbi) in the Special Drawing Rights (SDR) basket of currencies. The updated weightings will be effective from August 1st. What are the current weights assigned to each currency in the SDR basket? S. dollar’s weighting was increased to 43.38% from ..