Talk:Special Drawing Rights

From Wikipedia, the free encyclopedia

	This article is part of the WikiProject Numismatics, which is an attempt to facilitate the categorization and creation of accurate and formal Numismatism-related articles on Wikipedia. If you would like to participate please visit the project page, where you can join and see a list of open tasks to help with.
???	This article has not yet received a rating on the quality scale.
???	This article has not yet received a rating on the importance scale.

Unlike many other currencies, SDR's have been deliberately created on the basis of arguments and against other arguments. Therefor it seems to me a good idea to add the summary of the discussion(s) in the international gremia that led to SDR's.

[edit] Use of the term currency

The use of the term currency, given the common currency of the term, maybe incorrect. SDR's are specifically not a form of currency, they are a valid legal claim, or Right, that a creditor nation has upon debtor nations. The creditor nation can draw upon the valid legal claim, i.e. demand some form of liquifying the asset, or the asset maybe held in a reserve account, as a reserve asset, in the form of Special Drawing Rights upon the International Monetary Funds leger of current accounts. --nobs

From the IMF website:

"The SDR is neither a currency, nor a claim on the IMF. Rather, it is a potential claim on the freely usable currencies of IMF members." Frequently asked questions What is an SDR?

Still don't understand why SDRs are in the Category:Currencies when SDRs are specifically not a currency, hence the confusion. Thx. Nobs 16:53, 6 May 2005 (UTC)

[edit] How SDR's Come Into Existence

Please help improve this article or section by expanding it. Further information might be found on the talk page or at requests for expansion.

Perhaps a subsection on how SDR's come into existence will help shed light on the Purpose of the IMF, instead of the overemphasis and incorrect notion on the IMF page about the IMF as a lending insitution. --nobs

[edit] Currency status

Please help improve this article or section by expanding it. Further information might be found on the talk page or at requests for expansion.

Could someone explain in the article why this entity has a currency code if it is not a currency? -- Beland 01:13, 25 October 2006 (UTC)