Scribd Logo
Upload

Welcome to Scribd!

  • IMF Kvota

    Uploaded by

    pakompakom
    24 views1 page
    The IMF announced changes to the currencies that make up the Special Drawing Rights (SDR) basket, effective January 1, 2011. The weights of the four main currencies - euro, Japanese yen, pound sterling, and U.S. dollar - were adjusted based on their shares of global exports, trade, and foreign exchange reserves. A table shows the new currency amounts in the SDR basket based on exchange rates from October 1 to December 30, 2010, with one SDR equal to approximately $1.54 in U.S. dollars as of December 30, 2010.

    Original Description:

    Original Title

    IMF kvota

    Copyright

    © Attribution Non-Commercial (BY-NC)

    Available Formats

    DOC, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    The IMF announced changes to the currencies that make up the Special Drawing Rights (SDR) basket, effective January 1, 2011. The weights of the four main currencies - euro, Japanese yen, pound sterling, and U.S. dollar - were adjusted based on their shares of global exports, trade, and foreign exchange reserves. A table shows the new currency amounts in the SDR basket based on exchange rates from October 1 to December 30, 2010, with one SDR equal to approximately $1.54 in U.S. dollars as of December 30, 2010.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOC, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as doc, pdf, or txt
    24 views1 page

    IMF Kvota

    Uploaded by

    pakompakom
    The IMF announced changes to the currencies that make up the Special Drawing Rights (SDR) basket, effective January 1, 2011. The weights of the four main currencies - euro, Japanese yen, pound sterling, and U.S. dollar - were adjusted based on their shares of global exports, trade, and foreign exchange reserves. A table shows the new currency amounts in the SDR basket based on exchange rates from October 1 to December 30, 2010, with one SDR equal to approximately $1.54 in U.S. dollars as of December 30, 2010.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOC, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as doc, pdf, or txt
    of 1

    Currency Amounts in New Special Drawing Rights (SDR) Basket

    The IMF has announced that on January 1, 2011 changes in the relative weights of the four currencies in the Special Drawing Rights (SDR) basket will come into effect (Press Release No. 10/434). The initial weights assigned to each currency in the SDR basket have been adjusted to take account of changes in the share of each currency in world exports of goods and services and international reserves. The table below shows the new currency amounts that will be effective January 1, 2011.To assist users of the SDR in preparing for the changeover to the new SDR valuation, the IMF has provided illustrative projections of the currency amounts every week in December. Calculation of Currency Amounts in the New SDR Basket (as of December 30, 2010) Currency (1) (2) Initial new Illustrative weight currency amount1 (share) 37.4 9.4 11.3 41.9 0.4230 12.1000 0.1110 0.6600 (3) Exchange Rate on 2 12/30/10 (4) U.S. dollar equivalent

    Euro Japanese yen Pound sterling U.S. dollar SDR1 = US$ 3


    1

    1.32500 81.63000 1.54350 1.00000

    0.560475 0.148230 0.171329 0.660000 1.54003

    Currency amounts are based on average exchange rates for a period from October 1 to December 30, 2010.

    The exchange rate for the Japanese yen is expressed in terms of currency units per U.S. dollar; other rates are expressed as U.S. dollars per currency unit. 3 The value in U.S. dollars of one SDR, rounded to six significant digits.

    Currency units per SDR 3 November 13, November 11, November 10, November 09, November 08, 2011 2011 2011 2011 2011 Euro Japanese Yen U.K. Pound Sterling U.S. Dollar Algerian Dinar 1.149990 121.734000 0.985892 1.569740 115.715000 1.151270 121.941000 0.985212 1.567570 115.600000 1.151460 121.769000 0.983091 1.569790 115.702000 1.142590 122.960000 0.981191 1.575400

    You might also like