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Special Drawing Rights
Introduction The SDR is an international reserve asset that was formed by the IMF in 1969 to augment the official reserves of its member nations. However, the worldwide supply of the U.S. dollar and gold, the two primary reserve assets, was insufficient to sustain the expansion of global commerce and the associated financial activities. This spurred member nations to establish an international reserve asset under IMF supervision. In response to concerns about the constraints
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