G7 Summit, Versailles, 1982


International reserve units created by the International Monetary Fund in 1969 to supplement the limited supplies of gold and dollars which had been the prime stable monetary assets. By 1986, $342.1 billion worth of SDRs had been allocated by the IMF to member countries according to a formula based on their IMF assessments .... From 1974 to 1980, the SDR was pegged to a 16-currency basket. Since 1981, the value of the SDR has been based on a basket of currencies of the Group of 5, which comprises France, Japan, the United Kingdom, the United States, and Western Germany. -- Dictionary of International Relations Terms, p. 93.--P.Hajnal's note.

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