(1) The value of the U.S. dollar in terms of the SDR is the recip rocal of the sum of the dollar values, based on market exchange rates, of specified quant ities of the first four currencies shown.
(1) The value of the U.S. dollar in terms of the SDR is the recip rocal of the sum of the dollar values, based on market exchange rates, of specified quant ities of the first four currencies shown.
India''s forex reserves jump by USD 1.689 billion to USD 688.949 billion in the week ended December 12, RBI data shows.
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1. A participant, by agreement with another participant, may pledge SDRs to secure the performance of a financial obligation to the other participant, if the obligation is denominated in (i) SDRs, or ...
(iii) the currency of a nonmember or another unit of account that is composed of currencies and is applied under an intergovernmental agreement, in respect of which arrangements have been completed ...
This Christmas, the U.S. can give the world a gift that actually meets a need. A little-known tool called Special Drawing ...
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Govt has refused to send Bill to parliamentary panel, insisting it is necessary if India is to increase nuclear capacity.
The exchange rate regime is usually a dry, technocratic choice. In West Africa today, however, it has become an existential ...
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Pakistan Virtual Assets Regulatory Authority Chairman Bilal bin Saqib meets central bank governor, discusses issues related ...