What is the unit of account used by the IMF?
Special Drawing Rights
US Dollars
Euros
Gold
Answer
The IMF uses Special Drawing Rights (SDR) as its unit of account. SDR is an international reserve asset created by the IMF to supplement its member countries' official reserves. The value of the SDR is based on a basket of five major currencies: the US dollar, euro, Chinese renminbi, Japanese yen, and British pound sterling.
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