PREVIOUS
✖
Special Drawing Rights - India’s quota
September 7 , 2021
1519 days
1238
0
- The International Monetary Fund (IMF) has made an allocation of Special Drawing Rights (SDR) 12.57 billion to India. (approx. USD 17.86 billion).
- With this, the total SDR holding of India has gone up to SDR 13.66 billion (equivalent to around USD 19.41 billion).
- SDR is one of the components of the Foreign Exchange Reserves (FER) of India.
- Hence the Foreign Exchange Reserves (FER) has also increased now.
Leave a Reply
Your Comment is awaiting moderation.