Annual Update on SDR Trading Operations
Electronic Access:
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Summary:
This paper provides an update on the status of the SDR trading market and operations. In over three decades, SDRs have been exchanged for freely usable currencies in transactions by agreement primarily through the Voluntary Trading Arrangements (VTAs). The VTAs are bilateral arrangements between the Fund and SDR participants or prescribed holders, in which the VTA members agree to buy and sell SDRs within certain limits. A fraction of transactions by agreement—sales or acquisitions of SDRs—were arranged directly between parties.
Series:
Policy Paper No. 2021/068
Subject:
Currencies Freely usable currencies International trade Monetary policy Money Political economy Trading arrangements
Frequency:
occasional
English
Publication Date:
October 28, 2021
ISBN/ISSN:
9781513599793/2663-3493
Stock No:
PPEA202168
Pages:
10
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