+2 votes
in Mathematics by kratos

Recently, which one of the following currencies has been proposed to be added to the basket of IMF’* SDR?
(a) Ruble

(b) Rand

(c) Indian Rupee

(d) Renminbi

1 Answer

+6 votes
by kratos
 
Best answer

(d) The value of the SDR or XDR of IMF is based on a basket of key international currencies reviewed every five years. In the review conducted in November 2015, the IMF decided that the Renminbi (** Yuan) would be added to the basket effective October 1, 2016. From that date, the SDR or XDR basket will consist of the following five currencies: U.. dollar 41.73%, Euro 30.93%, ** Yuan 10.92%, *** Yen 8.33%, British Pound 8.09%.

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