Reserve Tranche Position

The primary means of financing the International Monetary Fund is through members' quotas. Each member of the IMF is assigned a quota, part of which is payable in SDRs or specified usable currencies ("reserve assets"), and part in the member's own currency. The difference between a member's quota and the IMF's holdings of its currency is a country's Reserve Tranche Position (RTP).[1] Reserve Tranche Position is accounted among a country's foreign-exchange reserves.

References

  1. ↑ International Monetary Fund (IMF) and Special Drawing Rights (SDRs)

See also

This article is issued from Wikipedia - version of the 6/21/2012. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.