Which of the Following Is NOT True of the Special

question 135

Multiple Choice

Which of the following is NOT true of the Special Drawing Right (SDR) ?

• A) The SDR's value is set daily and changes with increases and declines in the values of its underlying currencies.
• B) There are more than 21 billion SDRs in existence.
• C) The SDR is the unit of account for the IMF.
• D) The SDR's value is based on the Japanese yen, U.S. dollar, Brazilian real, and Indian rupee.

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