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Y_Y | 1 month ago

The IMF seem to think it's good enough to peg their special not-a-currency currency to.

https://www.imf.org/en/topics/special-drawing-right

discuss

order

linkregister|1 month ago

All IMF participating states have allocations of SDRs. By your definition, the IMF is "pegged" to the currency of Afghanistan.

Y_Y|1 month ago

I'm afraid you may have misunderstood. The SDR is a time-varying basket of USD, EUR, RMB, GBP, and JPY. At time of writing Afghanis are not part of SDR, even though Afghanistan owns some SDR.