Special drawing rights further developments

Quarterly Bulletin 1981 Q1
Published on 01 March 1981

On 1 January 1981 some changes were made in the procedures for valuing special drawing rights and for calculating the interest payable on them. This article describes these changes and some other recent developments, including the wider use of special drawing rights in official transactions and as a numeraire for private sector borrowing and lending.

PDFSpecial drawing rights further developments

Other Quarterly Bulletin 1981 Q1 articles

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