The SDR is an international reserve asset created by the IMF to supplement the official reserves of its member countries. The SDR is not a currency. It is a potential claim on the freely usable ...

Yet, despite its tiny body, the spider constructs webs of remarkable complexity. Eight spindly legs move with the grace of a nimble dancer. Three claws help it to maneuver around its gossamer home.

The Board of Governors, the highest decision-making body of the IMF, consists of one governor and one alternate governor for each member country. The governor is appointed by the member country and is ...