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First Available Data Shows Countries Are Using Special Drawing Rights to Stabilize Their Economies and Address the Pandemic

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First Available Data Shows Countries Are Using Special Drawing Rights to Stabilize Their Economies and Address the Pandemic

Based on the IMF’s accounting of SDR holdings as well as media reporting on member countries, we can get a preliminary sense of what countries immediately used the additional allocation of SDRs and for what purposes.

By Andrés Arauz, Kevin Cashman