The mechanics of alternative valuations of the special drawing right

Authors

  • J.S. DREYER

DOI:

https://doi.org/10.13133/2037-3643/11483

Keywords:

IMF, SDR, special drawing right

Abstract

On June 13th, 1974 the International Monetary Fund introduced a new method of valuation of the Special Drawing Right (SDR) in transactions against currencies. The present article considers the features of the method of valuation of the SDR currently in force and the features of possible alternatives to be adopted in the future. The author gives a systematic analytical exposition of various methods of valuation of a Special Drawing Right, exhibits some attributes of various types of SDRs associated with a particular technique of valuation, and points out some of the consequences to which these attributes may lead.

 

JEL: E42, F33

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Published

2014-01-03

How to Cite

DREYER, J. (2014). The mechanics of alternative valuations of the special drawing right. PSL Quarterly Review, 28(114). https://doi.org/10.13133/2037-3643/11483

Issue

Section

Editorial