Goto Section: 3.46 | 3.48 | Table of Contents
Revised as of September 1, 2021
Goto Year:2020 |
§ 3.47 Use of SDRs.
An accounting authority must accept accounts presented to it from
foreign administrations in Special Drawing Rights (SDRs). These SDRs
must be converted to dollars on the date of receipt by the accounting
authority and an equivalent amount in US dollars must be paid to the
foreign administration. The conversion rate will be the applicable rate
published by the International Monetary Fund (IMF) for the date of
receipt of the account from the foreign administration. Upon written
concurrence by the FCC, any accounting authority may make separate
agreements, in writing, with foreign administrations or their agents
for alternative settlement methods, provided account is taken of ITU-T
Goto Section: 3.46 | 3.48
Goto Year: 2020 |
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