Selected Decisions and Selected Documents of the IMF, Fortieth Issue -- Review of the Method of Valuation of the SDR—Amendment to Rule O-1

Prepared by the Legal Department of the IMF
As updated as of April 30, 2019

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ARTICLE XV, SECTION 2
Valuation of the Special Drawing Right

REVIEW OF THE METHOD OF VALUATION OF THE SDR—AMENDMENT TO RULE O-1

Effective October 1, 2016, Rule O-1, which specifies the amounts of the currencies in the SDR valuation basket, shall be amended to read as follows: “Rule O-1. The value of the SDR shall be the sum of the values of the following amounts of the following currencies:

U.S. dollar   0.58252
Euro   0.38671
Chinese yuan   1.0174
Japanese yen 11.900
Pound sterling   0.085946“

(SM/15/278, Sup. 5, 09/30/16)

Decision No. 16061-(16/91),

September 30, 2016

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