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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 Venezuelan Bolívar (VES) is the official currency of Venezuela, primarily used for all financial transactions within the country. It has undergone several redenominations in response to hyperinflation and economic instability, reflecting the country's ongoing economic challenges.