Special Drawing Rights, Quarterly
XFORSD01CAQ194N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
51,483,006,651.00
Year-over-Year Change
20.38%
Date Range
1/1/1957 - 10/1/2014
Summary
The Special Drawing Rights (SDR) Quarterly trend measures the value of the International Monetary Fund's (IMF) international reserve asset, used to supplement the official reserves of member countries.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The SDR is an international reserve asset created by the IMF to support the global financial system. It serves as a unit of account and a supplementary reserve asset for central banks and governments.
Methodology
The SDR value is calculated daily based on a basket of major global currencies.
Historical Context
The SDR is used in IMF lending operations and to denominate some international transactions.
Key Facts
- The SDR basket currently includes the U.S. dollar, euro, Chinese renminbi, Japanese yen, and British pound.
- The SDR was created by the IMF in 1969 to supplement member countries' official reserves.
- The SDR value is calculated daily and published by the IMF.
FAQs
Q: What does this economic trend measure?
A: The Special Drawing Rights (SDR) Quarterly trend measures the value of the IMF's international reserve asset used to supplement the official reserves of member countries.
Q: Why is this trend relevant for users or analysts?
A: The SDR is an important indicator of global liquidity and a key component of the international monetary system, relevant for economists, policymakers, and financial market participants.
Q: How is this data collected or calculated?
A: The SDR value is calculated daily by the IMF based on a basket of major global currencies.
Q: How is this trend used in economic policy?
A: The SDR is used by the IMF in its lending operations and to denominate some international transactions, making it relevant for global economic and monetary policy.
Q: Are there update delays or limitations?
A: The SDR data is published by the IMF on a quarterly basis with no significant delays.
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Citation
U.S. Federal Reserve, Special Drawing Rights, Quarterly (XFORSD01CAQ194N), retrieved from FRED.