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Special Drawing Rights (SDR) is an international reserve asset created by the International Monetary Fund (IMF) to supplement its member countries' official reserves. SDRs are allocated to member countries in proportion to their IMF quotas and can be exchanged among members for freely usable currencies, providing liquidity in the global economy.
The Laotian Kip (LAK) is the official currency of Laos, a landlocked country in Southeast Asia. It serves as the primary medium of exchange for goods and services within the country, facilitating trade and economic activities among its citizens and visitors.