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Today's Date: 03 September 2010 Sign In Login to E-mail Address: Password: forgot password? CayCompass Community Sign Up Login		Find a: Person Business
No related articles found	Notes TOPIC: Banking January 5, 2010 \| > Comment on this story Main Article: Special Drawing Rights The exchange rate for the Japanese yen is expressed in terms of currency units per US dollar; other rates are expressed as US dollars per currency unit. IMF Rule O-2(a) defines the value of the US dollar in terms of the SDR as the reciprocal of the sum of the equivalents in US dollars of the amounts of the currencies in the SDR basket, rounded to six significant digits. Each US dollar equivalent is calculated on the basis of the middle rate between the buying and selling exchange rates at noon in the London market. If the exchange rate for any currency cannot be obtained from the London Market, the rate shall be the middle rate between the buying and selling exchange rates at noon in the New York market or, if not available there, the rate shall be determined on the basis of euro reference rates published by the European Central Bank. Percent change in value of one US dollar in terms of SDRs from previous calculation. The reciprocal of the value of the US dollar in terms of the SDR, rounded to six significant digits. Share your Comment We welcome your comments on our stories. Comments are submitted for possible publication on the condition that they may be edited. IMPORTANT IDENTITY INFORMATION: You will be able to create a ‘nickname’ which will allow you to remain anonymous, however, whilst we collect login information from you, this information will be kept confidential and only used to contact you directly, if required. We require a working email address - not for publication, but for verification. Please login to comment on our stories. Log In \| Register


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