A4 Paper Manufacturers , A4 paper suppliers, A4 copy paper manufacturers www.a4papermanufacturers.com 
 

Sour"SDR." SDR is the IMF annual meeting in 1969 adopted a resolution formally creating a book of assets, aimed at increasing international reserves means to adjust the balance of payments deficit. In the early creation of the SDR is determined by the value of the gold, the gold content per unit of gold equivalent to the dollar before 0.888671 g. After the non-monetary gold, on 1 July 1974 to 16 kinds of currency value, 1980 to five kinds of monetary value (including the U.S. dollar, yen, deutsche mark, the French franc and the British pound). Unlike ordinary Drawing Rights SDRs, the IMF which is created by the book assets, there is no issue of funds, but the fund shares are allocated according to need not repay the assignment. SDR is used only for settlement between governments, pay the balance of payments deficit, and not for trade and non-trade payments. Occurs when a country's balance of payments deficit, can be used to allocate SDRs to