Calcutta HC: Economic Abuse Enables DV Case at Current Residence  ||  Calcutta HC: Economic Abuse Enables DV Case at Current Residence  ||  Bom.HC: Courts have no Discretion to Award Lesser Sentence When Law Prescribes Minimum Punishment  ||  Bombay HC: Single Mother Recognized as Complete Parent for Child’s Identity  ||  Delhi HC: Omnibus PIL rejected over Missing Persons Case  ||  Del HC : More Judicial Appointments Required for MCOCA Cases  ||  SC: Bona Fide Degrees Protected After Law Declared Ultra Vires  ||  Bom HC: Summons Served through Mobiles are Valid under Sec 70(3) BNSS  ||  Delhi HC: Failed Relationship Cannot Be Criminalized as Rape  ||  SC: In Cases of Mutual Suicide Pact Surviving Partner Liable for Abetment    

General allocation of special drawing rights by the IMF- (Reserve Bank of India) (01 Sep 2021)

MANU/RPRL/0129/2021

Banking

International Monetary Fund (IMF) has made an allocation of Special Drawing Rights (SDR) 12.57 billion (equivalent to around USD 17.86 billion at the latest exchange rate) to India on August 23, 2021. The total SDR holdings of India now stands at SDR 13.66 billion (equivalent to around USD 19.41 billion at the latest exchange rate) as on August 23, 2021. This increase in SDR holdings will be reflected in the Foreign Exchange Reserves (FER) data that shall be published for the week ended August 27, 2021.

SDR holdings is one of the components of the FER of a country. IMF makes the general SDR allocation to its members in proportion to their existing quotas in the Fund. The Board of Governors of the IMF had approved a general allocation of about SDR 456 billion on August 2, 2021 (effective from August 23, 2021) of which the share of India is SDR 12.57 billion.

Tags : GENERAL ALLOCATION   DRAWING RIGHTS   IMF  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved