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Russia received $ 18 billion from the IMF

Ayush Mauryavanshi by Ayush Mauryavanshi
August 23, 2021
in Business
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Russia received $ 18 billion from the IMF

As part of the anti-crisis allocation of funds from the International Monetary Fund, Russia received $ 18 billion in special drawing rights. The corresponding decision came into force on 23 August.

Read more about Trump says Russia is “re-entering” Afghanistan

Reportedly, an amount corresponding to $ 650 billion was distributed among the IMF member countries.

SDR is an artificial means of payment by the IMF that does not have physical form. There are more than 204 billion units of this product in circulation, abbreviated as SDR. This equates to $ 290 billion.

Tags: $18 billionAsiatimesnowIMFRussia
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