What is another word for special drawing rights?

Pronunciation: [spˈɛʃə͡l dɹˈɔːɪŋ ɹˈa͡ɪts] (IPA)

Special Drawing Rights (SDRs) are an international monetary reserve asset created by the International Monetary Fund (IMF) to supplement the foreign exchange reserves of its member countries. They are also commonly known as "paper gold" or "reserve position in the IMF." SDRs were created to provide additional liquidity to the global financial system by allowing member countries to borrow from the IMF in times of crisis. Other synonyms for SDRs include "international reserve asset," "supplementary reserve asset," and "global currency unit." While SDRs have been used on a limited basis, they remain an important tool in international finance and are often discussed in discussions around global economic stability.

Synonyms for Special drawing rights:

What are the hypernyms for Special drawing rights?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

Related words: special drawing rights definition, what are special drawing rights

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