On the US$961m SDRs allocation - The Zimbabwe Independent

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On the US$961m SDRs allocation - The Zimbabwe Independent

By Prosper Chitambara On August 2, 2021, the Board of Governors of the International Monetary Fund (IMF) approved a general allocation of Special Drawing Rights (SDRs) equivalent to US$650 billion to address the long-term global need for reserves, and help countries cope with the impact of the Covid-19 pandemic. This is the largest-ever allocation. To […]

The post On the US$961m SDRs allocation appeared first on The Zimbabwe Independent.

Source: The Zimbabwe Independent - The Leading Business Weekly

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