IMF Retains Precautionary Balance Floor at SDR 20 Billion
The IMF will keep its precautionary balance floor at SDR 20 billion. Directors cited rising credit risks and global uncertainty as reasons for vigilance.
Xurve View
Xurve View
The International Monetary Fund (IMF) has confirmed that its executive board agreed to maintain the current floor for precautionary balances at 20 billion Special Drawing Rights (SDR), or approximately $29 billion. These balances, consisting of general and special reserves, act as a buffer to protect the institution from potential losses related to credit, income, and other financial risks.
