Bretton Woods Current Affairs, GK & News

IMF raises India’s SDR allocation

The International Monetary Fund (IMF) has increased the allocation of Special Drawing Rights (SDR) to India in line with the existing quota of India in the fund. Highlights SDR is an alternate reserve currency which is floated by the IMF. SDR can be freely exchanged between the member countries instead of relying on currency of ..




General Compendium-5

The Bretton WoodsEconomies of ScaleG-77ChaityaNatarajaBlood GroupsThe Bretton WoodsThe Bretton Woods system is commonly refers to the international monetary regime that prevailed from the end of World War II until the early 1970s. Taking its name from the site of the 1944 conference that created the *International Monetary Fund (IMF) and *World Bank, the Bretton Woods ..