ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

Articles by R N BhattacharyaSubscribe to R N Bhattacharya

The SDRs and International Liquidity

This critical evaluation of the Special Drawing Rights scheme, approved in principle at last month's meeting of the Board of Governors of the International Monetary Fund, shows that the addition to international reserves sought to be made in the form of SDKs will not make any material contribution to increasing the supply of international reserves or to restoring equilibrium in international payments.
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