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What the SDR is and how it works

The Chinese yuan is now included in the IMF’s special drawing rights basket, which also holds the euro, US dollar, UK pound and Japanese yen. The special drawing rights, or SDR, basket was created to supplement existing reserves of IMF member nations to help boost global financial liquidity. The basket is reviewed every five years to determine if new currencies should be added. Watch the video to know what the SDR is and how it works.

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