IMF should issue more SDRs – Brazilian governor
Brazil’s recovery will be crucially affected by external factors, Campos Neto tells Central Banking
Brazil’s central bank governor said he supports the International Monetary Fund issuing more special drawing rights (SDRs) to support low-income countries during the Covid-19 crisis.
“A new SDR allocation would embody a global community effort in such exceptional times,” governor Roberto Campos Neto said in a recent interview with Central Banking. He said this “would not solve the disruptions caused by Covid-19 on its own, but it would send a positive and welcome signal to markets, as was the
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