SDR in Finance Meaning
The SDR meaning in Finance terms is "Special Drawing Right". There are 2 related meanings of the SDR Finance abbreviation.
SDR on Finance Full Forms
- Special Drawing Right Originally intended within the IMF as a sort of international money for use among central banks pegging their exchange rates, the SDR is a transferable right to acquire another country's currency. Defined in terms of a basket of currencies, today it mainly plays the role of a unit of international account.
- Special Daily Rate
Frequently Asked Questions (FAQ)
What does SDR stand for Finance?
SDR stands for Special Drawing Right in Finance terms.
What is the shortened form of Special Daily Rate in Finance?
The short form of "Special Daily Rate" is SDR for Finance.
Citation
SDR in Finance. Acronym24.com. (2022, March 28). Retrieved November 25, 2024 from https://acronym24.com/sdr-meaning-in-finance/
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