特别提款权SDR是什么

0.58252
1.00000
0.582520
0.722859 2 1.383400 4
13
-0.013 3
SDR ALLOCATIONS
An SDR allocation is a low cost way of adding to members' international reserves, allowing members to reduce their reliance on more expensive domestic or external debt for building reserves. The IMF has the authority under its Articles of Agreement to create unconditional liquidity through "general allocations" of SDRs to participants in its SDR Department in proportion to their quotas in the IMF.
raise the status
of the RMB as a reserve currency
the cost of overseas
investment by
Chinese enterprises will be reduced
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SIGNIFICANCE
show the international community's recognition of China's growing economic importance and its role in the global financial markets
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represents an important milestone in the process of China's economic integration into the global financial system
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reduce transaction costs and improve the purchasing power of ordinary people
特别提款权是由国际货币基金组织1969创
建的目的是固定汇率制的布雷顿森林体系 下的外汇储备持有的一种资产。
HISTORY
SDR was decoupled from gold and began to link itself with a basket of currencies, initially 16 currencies 19 69 IMF created SDR 19 74cies
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In 2001, the UN suggested allocating SDRs to developing countries for use by them as cost-free alternatives to building foreign exchange reserves through borrowing or running current account surpluses.
SDR RATES
Tuesday, May 23, 2017 Currency amount under Rule O-1 1.0174 0.38671 11.900 0.085946 U.S. dollar equivalent 0.147884 0.434604 0.106942 0.111446 Percent change in exchange rate against U.S. dollar from previous calculation -0.005 0.071 0.135 -0.238
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market, but is set daily by the IMF on the
basis of market exchange rates between the currencies included in the SDR basket.
VALUE
特别提款权的价值不是由市场供求决定的，而是由国际 货币基金组织根据特别提款权之间的汇率而设定的。
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CONTENTS
SIGNIFICANCE WHAT CAN OF RMB'S SDR DO ENTRY WHAT IS THE VALUE
SDR
OF THE SDR
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01
WHAT IS SDR
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Brief Introduction
SDR can be used to repay the IMF debt The , Special Right, also and SDR to make up Drawing for the balance of payments between the known as the deficit "paper gold", first created governments of member states. Its value in 1969 to supplement a shortfall of is now determined by a basket of reserve preferred foreign-exchange reserve currencies consisting of the dollar, the assets. Rights are euro, theSpecial RMB, theDrawing yen and the pound. It is called a special drawing right because supplementary foreign-exchange reserve it is a supplement to the original assets defined and maintained by the common drawing rights of the IMF. International Monetary Fund (IMF).
the SDR component currency changed to four, the dollar, the euro, the yen, and the pound
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STANDARD
It must be issued【v. 发表】 by IMF members or Monetary Unions【货币联盟】. It is one of the world's four largest exports of goods and services during the five years of investigation before the effective date.
BACKGROUND
Special drawing rights were created by the IMF in 1969 and were intended to be an asset held in foreign exchange reserves under the Bretton Woods system of fixed exchange rates.
Currency
Exchange rate 1
Chinese Yuan Euro Japanese Yen U.K. Pound Sterling U.S. Dollar 1.383396 U.S.$1.00 = SDR SDR1 = US$
6.87970 1.12385 111.27500 1.29670
8% 8%
11%
42%
31%
美元
欧元
人民币
日元
英镑
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SIGNIFICANCE OF RMB'S ENTRY
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SIGNIFICANCE
RMB assets will also be more popular
contribute to the internationalization of the RMB
IMF announced that it would simplify the SDR currency into five currencies
19 80 19 99
Since October 1, 2016, the RMB has been included in the SDR currency basket 20 16
The currency must be free to use.
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WHAT CAN SDR DO
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Alternative to U.S. dollar
Use by developing countries
a foreign exchange reserve asset.
The SDR comes to prominence when the U.S. dollar is weak or otherwise unsuitable to be
OTHER USES
UNIT OF ACCOUNT
01
CURRENCY PEG
USE IN INTERNATIONAL LAW
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03
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THE VALUE OF THE SDR
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The value of the SDR is not directly determined by supply and demand in the