1. Special Drawing Rights (SDRS) are the drawing rights of the participating countries (referring to the member countries participating in the IMF Special Drawing Rights Department) against their own reserve assets under the IMF Special Drawing Rights account, which are different from the lending drawing rights enjoyed by the member countries under the IMF General Resources Account.
2. Special Drawing Rights (SDRS) are an international reserve asset issued by the IMF in accordance with the needs of international solvency and collectively supervised and managed by the Fund’s member countries.
3. In essence, the SDR is a supplementary international reserve instrument created by the IMF to make up for the shortage of international reserve instruments. Its basic role is to serve as an international payment instrument and a unit of value between member countries and the Fund, and at the same time, it can be converted into freely usable among member countries.
4. As a relatively stable international reserve asset and a unit of currency valuation, the IMF is authorized by Article 15 (2) of the Fund Agreement to change the valuation method and principles of Special Drawing Rights (SDR) at any time.
