Reserve Bank of Australia Annual Report – 1991 Financial Statements Special Reserve – International Monetary Fund Special Drawing Rights

NOTE 4 SPECIAL RESERVE – INTERNATIONAL MONETARY FUND SPECIAL DRAWING RIGHTS

This liability represents International Monetary Fund Special Drawing Rights allocated to Australia and transferred to the Bank by the Commonwealth, less net charges of the International Monetary Fund payable by the Commonwealth which have been debited to this account. At 30 June 1991 the item related to 131,738,522 Special Drawing Rights (154,283,525 Special Drawing Rights at 30 June 1990) which were translated to Australian dollars at the rate of exchange current at that date.