Search: SDR
RBA Glossary definition for SDR
SDR – Special Drawing Right. Used as an international reserve asset to settle transactions between countries and help balance international liquidity. The value of the SDR is calculated by the International Monetary Fund (IMF) on the basis of a weighted basket of five currencies: US dollar; European euro; Chinese renminbi; Japanese yen; and UK pound. The IMF publishes the value of the SDR each day in terms of US dollars and the Reserve Bank of Australia provides an equivalent value in Australian Dollars.
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The Macroeconomic and Financial Environment
10 Sep 2006
FSR
– September 2006
Between mid May and mid June, base metals prices, as measured by the RBA Base Metals Price Index, fell by around 20 per cent (in SDR terms), after having risen by
https://www.rba.gov.au/publications/fsr/2006/sep/mac-fin-env.html