Sunak and Yellen discuss possible new allocation of SDRs: UK treasury By Reuters

Sunak and Yellen discuss possible new allocation of SDRs: UK treasury

EconomyMar 15, 2021 05:10PM ET

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Sunak and Yellen discuss possible new allocation of SDRs: UK treasury

(Reuters) - British finance minister Rishi Sunak and U.S. Treasury Secretary Janet Yellen spoke on the phone on Monday to discuss a possible new allocation of Special Drawing Rights (SDRs), the UK treasury

department said in a statement.

Both agreed that a new SDR allocation could form an important part of a package of support for low-income countries and could be vital for securing a truly global recovery, the statement added.

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Comments (1)

Gary SKY saw Mar 15, 2021 9:08PM ET

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See how powerful Indian is.. They are very where in the power house.. And the Western still say chinese is the enemy, be careful what you wish for

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