The International Monetary Fund (IMF) has made an allocation of Special Drawing Rights (SDR) 12.57 billion to India. (approx USD 17.86 billion). With this, the total SDR holding of India has gone upto SDR 13.66 billion (equivalent to around USD 19.41 billion).
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
SDR is one of the components of the Foreign Exchange Reserves (FER) of India. Hence the Foreign Exchange Reserves (FER) has also increased now. IMF has allocated a total of SDR 456 billion to all its member countries out of which India has got SDR 12.57.
Important takeaways for all competitive exams:
Lando Norris won his second successive win in the 2026 Formula 1 season after holding…
“A small vessel may sail far, but every journey has its cost.” This saying aptly…
India is planning to establish its space station by 2035. The target has been revealed…
Weekly Current Affairs One-Liners Current Affairs 2026 plays a very important role in competitive examinations…
National Space Day 2026 celebrated on 23rd August, 2026 in in honor of one of…
Mangrol, the third ASW-SWC, which has more than 80% indigenous content, was handed over to…