The international unit of accounting used by the International Monetary Fund (IMF) is called

Question

Quizplus · Accepted Answer

The international unit of accounting used by the IMF is called Special Drawing Rights (SDR). SDR is a basket of currencies that includes the US dollar, euro, Japanese yen, British pound, and Chinese yuan. It serves as a reserve asset for IMF member countries, who can use it to purchase other currencies or for balance of payments purposes.

The International Unit of Accounting Used by the International Monetary