The International Monetary Fund (IMF) Executive Board conveyed what Managing Director Kristalina Georgieva called "broad support" for the fund to allocate new Special Drawing Rights (SDR) equivalent to approximately $650 billion that would be available unconditionally to member countries, Bloomberg reported March 23.

Global: IMF Likely to Greenlight $650 Billion in New Reserve Assets

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The International Monetary Fund (IMF) Executive Board conveyed what Managing Director Kristalina Georgieva called "broad support" for the fund to allocate new Special Drawing Rights (SDR) equivalent to approximately $650 billion that would be available unconditionally to member countries, Bloomberg reported March 23. 

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Global: IMF Likely to Greenlight $650 Billion in New Reserve Assets

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