The "currency" of the IMF is the

Question

Quizplus · Accepted Answer

The "currency" of the IMF is the Special Drawing Right (SDR). This is an international reserve asset that was created by the IMF in 1969 to supplement its member countries' official reserves. The value of the SDR is based on a basket of five currencies: the U.S. dollar, the euro, the Chinese yuan, the Japanese yen, and the British pound sterling. The SDR can be used by IMF member countries to settle international payments, but it is not a currency that is used in everyday transactions.

The "Currency" of the IMF Is the