Training Catalog Session Details

Country authorities, policy makers, Fund-watchers, and members of the public who are keen to learn more about the SDR, understand its role in the global economy and how the SDR system functions.

Access to a computer with a reliable Internet connection and a Google Chrome web browser is essential.

This course, presented by the IMF Finance Department provides a common framework for learners to understand the Special Drawing Right (SDR). The course begins with a background on why the SDR was created and then explains its role in the global economy and in the IMF's financial operations. It will then discuss the key characteristics of the SDR and how it is valued, covering the selection criteria for the currencies in the SDR basket and the methodology behind calculating the SDRs interest rate (SDRi). The course delves into the uses of SDRs, describes how they can be used in financial transactions between countries and how the SDR market functions. Through real-world case studies showcasing how different countries utilized their SDR allocations in 2021, participants will see the SDRs impact across various economies, making the theoretical knowledge gained from the course more tangible and applicable to practice.