The IMF asset whose value is based on a "weighted basket" of four currencies is called a special drawing right, or SDR.

Name: The IMF asset whose value is based on a "weighted basket" of four currencies is called a special drawing right, or SDR.
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The statement is correct. The IMF asset whose value is based on a "weighted basket" of four currencies (U.S. dollar, euro, Japanese yen, and British pound sterling) is called a special drawing right or SDR.

The IMF Asset Whose Value Is Based on a "Weighted