The IMF's Special Drawing Rights (SDR) is an international reserve asset created to supplement member countries' official reserves, with its value based on a basket of five major currencies: US dollar, euro, Chinese renminbi, Japanese yen, and _____.
- British pound sterling
- Swiss franc
- Canadian dollar
- Australian dollar
Answer: British pound sterling
The SDR basket comprises the US dollar, euro, Chinese renminbi, Japanese yen, and British pound sterling. The basket is reviewed every five years by the IMF Executive Board to ensure it reflects the relative importance of currencies in global trade and finance.