IMF evaluates reform options for SDR basket eligibility criteria

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The International Monetary Fund (IMF) on Friday released details of a late-October meeting of the executive board to discuss a staff paper on the criteria for broadening the Special Drawing Right (SDR) currency basket.

Broadening the SDR currency basket is a "key element" of the work programme on SDR valuation and the reform of the international monetary system, said the record of the meeting. The executive directors noted that "a criteria-based path to broaden the composition of the SDR basket

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