XDR in Banking Meaning

The XDR meaning in Banking terms is "Special Drawing Rights". There are 1 related meanings of the XDR Banking abbreviation.

XDR on Banking Full Forms

  1. Special Drawing Rights Special drawing rights (SDRs) are supplementary foreign exchange reserve assets defined and maintained by the International Monetary Fund (IMF). SDRs are units of account for the IMF, and not a currency per se. They represent a claim to currency held by IMF member countries for which they may be exchanged.

Frequently Asked Questions (FAQ)

  1. What does XDR stand for Banking?

    XDR stands for Special Drawing Rights in Banking terms.

  2. What is the shortened form of Special Drawing Rights in Banking?

    The short form of "Special Drawing Rights" is XDR for Banking.

Citation

XDR in Banking. Acronym24.com. (2021, October 28). Retrieved November 23, 2024 from https://acronym24.com/xdr-meaning-in-banking/

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