{"id":11869,"date":"2023-11-29T18:40:28","date_gmt":"2023-11-29T18:40:28","guid":{"rendered":"https:\/\/masterskills.org\/blog\/sdr-la-gi-li-do-hinh-thanh-va-uu-nhuoc-diem.html"},"modified":"2023-12-06T09:03:50","modified_gmt":"2023-12-06T09:03:50","slug":"sdr-la-gi-li-do-hinh-thanh-va-uu-nhuoc-diem","status":"publish","type":"post","link":"https:\/\/masterskills.org\/blog\/sdr-la-gi-li-do-hinh-thanh-va-uu-nhuoc-diem.html","title":{"rendered":"SDR l\u00e0 g\u00ec? L\u00ed do h\u00ecnh th\u00e0nh v\u00e0 \u01b0u, nh\u01b0\u1ee3c \u0111i\u1ec3m"},"content":{"rendered":"<div class=\"entry-content\">\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/masterskills.org\/blog\/wp-content\/uploads\/\/12\/f1185b44ed8a5f528f5aa3d9d3a03213-3.jpg\" title=\"f1185b44ed8a5f528f5aa3d9d3a03213-3\"><\/figure>\n<p>SDR l\u00e0 g\u00ec? N\u00f3 c\u00f3 \u1ea3nh h\u01b0\u1edfng nh\u01b0 th\u1ebf n\u00e0o \u0111\u1ed1i v\u1edbi c\u00e1c ho\u1ea1t \u0111\u1ed9ng giao d\u1ecbch tr\u00ean th\u1ecb tr\u01b0\u1eddng? B\u1ea1n c\u00f3 th\u1ec3 t\u00ecm hi\u1ec3u to\u00e0n b\u1ed9 th\u00f4ng tin li\u00ean quan \u0111\u1ebfn kh\u00e1i ni\u1ec7m n\u00e0y trong b\u00e0i vi\u1ebft d\u01b0\u1edbi \u0111\u00e2y.<\/p>\n<h2><span id=\"SDR_la_gi\"><strong>SDR l\u00e0 g\u00ec?<\/strong><\/span><\/h2>\n<p>SDR l\u00e0 t\u1eeb vi\u1ebft t\u1eaft c\u1ee7a Special Drawing Rights, c\u00f3 ngh\u0129a l\u00e0 Quy\u1ec1n r\u00fat v\u1ed1n \u0111\u1eb7c bi\u1ec7t. SDR l\u00e0 d\u1ea1ng ti\u1ec1n t\u1ec7 d\u1ef1 tr\u1eef qu\u1ed1c t\u1ebf do IMF (International Monetary Fund, t\u1ee9c Qu\u1ef9 Ti\u1ec1n t\u1ec7 th\u1ebf gi\u1edbi) ph\u00e1t h\u00e0nh v\u1edbi vai tr\u00f2 b\u1ed5 sung cho ngu\u1ed3n ti\u1ec1n d\u1ef1 tr\u1eef c\u1ee7a c\u00e1c qu\u1ed1c gia. V\u1ec1 b\u1ea3n ch\u1ea5t, SDR \u0111\u01b0\u1ee3c IMF ph\u00e2n b\u1ed5 cho c\u00e1c qu\u1ed1c gia th\u00e0nh vi\u00ean v\u00e0 \u0111\u01b0\u1ee3c b\u1ea3o \u0111\u1ea3m b\u1edfi s\u1ef1 tin c\u1eady v\u00e0 t\u00edn nhi\u1ec7m ho\u00e0n to\u00e0n c\u1ee7a c\u00e1c qu\u1ed1c gia \u1ea5y.<\/p>\n<blockquote>\n<p><em><strong>\u201cSDR l\u00e0 t\u00e0i s\u1ea3n d\u1ef1 tr\u1eef qu\u1ed1c t\u1ebf do IMF t\u1ea1o ra \u0111\u1ec3 b\u1ed5 sung v\u00e0o ngu\u1ed3n d\u1ef1 tr\u1eef ch\u00ednh th\u1ee9c c\u1ee7a c\u00e1c n\u01b0\u1edbc th\u00e0nh vi\u00ean. SDR kh\u00f4ng ph\u1ea3i l\u00e0 ti\u1ec1n t\u1ec7. \u0110\u00f3 l\u00e0 m\u1ed9t c\u00f4ng c\u1ee5 ti\u1ec1n t\u1ec7 nh\u00e2n t\u1ea1o c\u00f3 th\u1ec3 s\u1eed d\u1ee5ng t\u1ef1 do c\u1ee7a c\u00e1c th\u00e0nh vi\u00ean IMF.\u201d<\/strong><\/em><\/p>\n<\/blockquote>\n<h2><span id=\"Tai_sao_SDR_lai_duoc_hinh_thanh\"><strong>T\u1ea1i sao SDR l\u1ea1i \u0111\u01b0\u1ee3c h\u00ecnh th\u00e0nh?<\/strong><\/span><\/h2>\n<p>Tr\u01b0\u1edbc \u0111\u00e2y khi c\u00f2n l\u00e0 th\u00e0nh vi\u00ean c\u1ee7a h\u1ec7 th\u1ed1ng l\u00e3i su\u1ea5t c\u1ed1 \u0111\u1ecbnh Bretton Woods th\u00ec c\u00e1c qu\u1ed1c gia c\u1ea7n c\u00f3 l\u01b0\u1ee3ng ti\u1ec1n t\u1ec7 d\u1ef1 tr\u1eef c\u1ee7a m\u00ecnh \u0111\u1ec3 duy tr\u00ec l\u00e3i su\u1ea5t. Th\u00f4ng th\u01b0\u1eddng l\u01b0\u1ee3ng d\u1ef1 tr\u1eef ch\u00ednh th\u1ee9c l\u00e0 v\u00e0ng do Ch\u00ednh ph\u1ee7 ho\u1eb7c ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng n\u1eafm gi\u1eef v\u00e0 c\u00e1c ngo\u1ea1i t\u1ec7 c\u0169ng \u0111\u01b0\u1ee3c ch\u1ea5p nh\u1eadn thanh to\u00e1n r\u1ed9ng r\u00e3i.<\/p>\n<p>Tuy nhi\u00ean, ngu\u1ed3n cung c\u1ea5p 2 lo\u1ea1i t\u00e0i s\u1ea3n d\u1ef1 tr\u1eef n\u00e0y kh\u00f4ng \u0111\u1ee7 \u0111\u1ec3 \u0111\u00e1p \u1ee9ng nhu c\u1ea7u m\u1edf r\u1ed9ng ho\u1ea1t \u0111\u1ed9ng th\u01b0\u01a1ng m\u1ea1i qu\u1ed1c t\u1ebf c\u0169ng nh\u01b0 \u201cb\u01a1m\u201d v\u00e0o d\u00f2ng ch\u1ea3y t\u00e0i ch\u00ednh \u0111ang \u1ed3 \u1ea1t trong th\u1eddi \u0111i\u1ec3m b\u1ea5y gi\u1edd. \u0110\u1ed3ng th\u1eddi trong th\u1eddi \u0111i\u1ec3m \u0111\u00f3, M\u1ef9 c\u0169ng c\u00f3 nh\u1eefng ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7 v\u00f4 c\u00f9ng th\u1eadn tr\u1ecdng v\u00e0 kh\u00f4ng mu\u1ed1n t\u0103ng l\u01b0\u1ee3ng ti\u1ec1n trong l\u01b0u th\u00f4ng v\u00ec quan ng\u1ea1i \u0111\u1ed3ng \u0111\u00f4 la M\u1ef9 s\u1ebd k\u00e9m h\u1ea5p d\u1eabn.<\/p>\n<p>V\u00ec th\u1ebf, c\u1ed9ng \u0111\u1ed3ng qu\u1ed1c t\u1ebf \u0111\u00e3 h\u1ed9i \u00fd v\u00e0 \u0111\u01b0a ra quy\u1ebft \u0111\u1ecbnh r\u1eb1ng c\u1ea7n ph\u1ea3i t\u1ea1o ra m\u1ed9t \u0111\u1ecbnh d\u1ea1ng t\u00e0i s\u1ea3n d\u1ef1 tr\u1eef qu\u1ed1c t\u1ebf m\u1edbi v\u00e0 c\u00f3 \u0111\u01b0\u1ee3c s\u1ef1 b\u1ea3o tr\u1ee3 c\u1ee7a IMF \u2013 ch\u00ednh l\u00e0 SDR. \u0110\u1ed1i v\u1edbi c\u00e1c qu\u1ed1c gia \u0111ang ph\u00e1t tri\u1ec3n, SDR \u0111\u01b0\u1ee3c \u0111\u00e1nh gi\u00e1 l\u00e0 m\u1ed9t k\u00eanh t\u00edn d\u1ee5ng t\u1ed1t, c\u00f3 chi ph\u00ed th\u1ea5p d\u00f9ng \u0111\u1ec3 b\u1ed5 sung v\u00e0o ngu\u1ed3n d\u1ef1 tr\u1eef ngo\u1ea1i h\u1ed1i nh\u00e0 n\u01b0\u1edbc. Ngo\u00e0i ra, SDR c\u00f2n \u0111\u01b0\u1ee3c d\u00f9ng nh\u01b0 m\u1ed9t \u0111\u01a1n v\u1ecb quy \u01b0\u1edbc \u0111\u1ecbnh danh d\u00f9ng \u0111\u1ec3 x\u00e1c \u0111\u1ecbnh gi\u00e1 tr\u1ecb h\u00e0ng h\u00f3a, d\u1ecbch v\u1ee5, t\u00e0i s\u1ea3n,\u2026 \u0111\u1ec3 giao d\u1ecbch v\u1edbi nhau \u1edf c\u00e1c qu\u1ed1c gia trong c\u00f9ng h\u1ec7 th\u1ed1ng IMF.<\/p>\n<h2><span id=\"Nhung_tinh_nang_noi_bat_cua_SDR_la_gi\"><strong>Nh\u1eefng t\u00ednh n\u0103ng n\u1ed5i b\u1eadt c\u1ee7a SDR l\u00e0 g\u00ec?<\/strong><\/span><\/h2>\n<p>C\u0169ng c\u00f3 r\u1ea5t nhi\u1ec1u th\u1eafc m\u1eafc, kh\u00f4ng bi\u1ebft t\u00ednh n\u0103ng n\u1ed5i b\u1eadt c\u1ee7a SDR l\u00e0 g\u00ec v\u00e0 c\u00e1c qu\u1ed1c gia thu\u1ed9c IMF c\u00f3 th\u1ec3 s\u1eed d\u1ee5ng quy\u1ec1n r\u00fat v\u1ed1n \u0111\u1eb7c bi\u1ec7t n\u00e0y nh\u01b0 th\u1ebf n\u00e0o. C\u1ee5 th\u1ec3, nh\u1eefng \u0111\u1eb7c \u0111i\u1ec3m c\u1ee7a SDR bao g\u1ed3m:<\/p>\n<p>\u2013\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 SDR \u0111\u01b0\u1ee3c th\u1ecfa thu\u1eadn th\u00e0nh l\u1eadp b\u1edfi c\u00e1c qu\u1ed1c gia th\u00e0nh vi\u00ean trong qu\u1ef9 IMF, ch\u1ec9 l\u01b0u h\u00e0nh n\u1ed9i b\u1ed9;<\/p>\n<p>\u2013\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 SDR ch\u1ecbu tr\u00e1ch nhi\u1ec7m v\u1ec1 v\u1ea5n \u0111\u1ec1 thanh kho\u1ea3n cho c\u00e1c qu\u1ed1c gia, th\u1ecfa thu\u1eadn th\u00f4ng qua vi\u1ec7c t\u1ea1o t\u00e0i kho\u1ea3n t\u00edn d\u1ee5ng ng\u00e2n h\u00e0ng. T\u1eeb \u0111\u00f3, c\u00e1c qu\u1ed1c gia thu\u1ed9c IMF c\u00f3 th\u1ec3 d\u1ec5 d\u00e0ng \u0111\u00e1p \u1ee9ng nhu c\u1ea7u thanh kho\u1ea3n trong n\u01b0\u1edbc v\u00ec \u0111\u01b0\u1ee3c b\u1ed5 sung ngu\u1ed3n l\u1ef1c tr\u1ef1c ti\u1ebfp t\u1eeb Ng\u00e2n h\u00e0ng Nh\u00e0 n\u01b0\u1edbc.<\/p>\n<p>\u2013\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 SDR \u0111\u01b0\u1ee3c \u0111\u1ecbnh gi\u00e1 b\u1eb1ng b\u00ecnh qu\u00e2n t\u1ed5ng gi\u00e1 tr\u1ecb c\u1ee7a c\u00e1c \u0111\u1ed3ng ti\u1ec1n cao nh\u1ea5t th\u1ebf gi\u1edbi nh\u01b0 \u0111\u1ed3ng \u0111\u00f4 la M\u1ef9, \u0111\u1ed3ng Euro, \u0111\u1ed3ng Y\u00ean Nh\u1eadt, \u0111\u1ed3ng b\u1ea3ng Anh,\u2026 \u0110\u1eb7c bi\u1ec7t, n\u00f3 \u0111\u01b0\u1ee3c ph\u00e2n b\u1ed5 d\u1ef1a tr\u00ean h\u1ea1n ng\u1ea1ch do ch\u00ednh c\u00e1c qu\u1ed1c gia th\u00e0nh vi\u00ean n\u1eafm gi\u1eef v\u00e0 \u0111\u01b0\u1ee3c quy \u0111\u1ecbnh t\u1eeb tr\u01b0\u1edbc, \u0111\u1ea3m b\u1ea3o \u0111\u00fang v\u1edbi s\u1ed1 % h\u1ea1n ng\u1ea1ch c\u1ee7a IMF.<\/p>\n<p>\u2013\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 SDR \u0111\u01b0\u1ee3c Ng\u00e2n h\u00e0ng Nh\u00e0 n\u01b0\u1edbc c\u1ee7a qu\u1ed1c gia \u0111\u00f3 n\u1eafm gi\u1eef, c\u00f3 th\u1ec3 h\u01b0\u1edbng \u0111\u1ebfn m\u1ee5c \u0111\u00edch thanh to\u00e1n c\u00e1c giao d\u1ecbch qu\u1ed1c t\u1ebf.<\/p>\n<p>\u2013\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 SDR gi\u00fap c\u00e1c qu\u1ed1c gia trong qu\u1ef9 IMF t\u0103ng c\u01b0\u1eddng t\u00ecnh h\u1eefu ngh\u1ecb c\u0169ng nh\u01b0 c\u00f3 tr\u00e1ch nhi\u1ec7m v\u1edbi nhau h\u01a1n v\u00ec h\u1ecd hi\u1ec3u r\u1eb1ng vi\u1ec7c ch\u1ea5p nh\u1eadn SDR nh\u01b0 m\u1ed9t ph\u01b0\u01a1ng th\u1ee9c thanh to\u00e1n c\u1ee7a c\u00e1c qu\u1ed1c gia c\u00f3 th\u1ec3 gi\u00fap ph\u00e1t tri\u1ec3n qu\u00e1 tr\u00ecnh l\u01b0u th\u00f4ng ti\u1ec1n t\u1ec7, c\u1ea3i thi\u1ec7n c\u00e1c ho\u1ea1t \u0111\u1ed9ng giao th\u01b0\u01a1ng.<\/p>\n<h2><span id=\"Nguyen_ly_hoat_dong_cua_SDR_la_gi\"><strong>Nguy\u00ean l\u00fd ho\u1ea1t \u0111\u1ed9ng c\u1ee7a SDR l\u00e0 g\u00ec?<\/strong><\/span><\/h2>\n<p>Nguy\u00ean l\u00fd ho\u1ea1t \u0111\u1ed9ng c\u1ee7a quy\u1ec1n r\u00fat v\u1ed1n \u0111\u1eb7c bi\u1ec7t SDR l\u00e0 g\u00ec? N\u00f3 s\u1ebd \u0111\u01b0\u1ee3c t\u00ednh to\u00e1n d\u1ef1a tr\u00ean h\u1ea1n ng\u1ea1ch IMF \u0111ang c\u00f3 c\u1ee7a c\u00e1c qu\u1ed1c gia th\u00e0nh vi\u00ean. Theo \u0111\u00f3, c\u00e1c n\u01b0\u1edbc tham gia SDR tr\u00ean tinh th\u1ea7n t\u1ef1 nguy\u1ec7n, t\u1ee9c l\u00e0 mua b\u00e1n m\u1ed9t c\u00e1ch t\u1ef1 do, kh\u00f4ng \u00e9p bu\u1ed9c, song v\u1eabn ph\u1ea3i \u0111i k\u00e8m v\u1edbi m\u1ed9t s\u1ed1 quy \u0111\u1ecbnh \u0111\u00e3 \u0111\u01b0\u1ee3c th\u1ecfa thu\u1eadn t\u1eeb tr\u01b0\u1edbc.<\/p>\n<p>Tuy nhi\u00ean, trong tr\u01b0\u1eddng h\u1ee3p c\u00e1c qu\u1ed1c gia th\u00e0nh vi\u00ean kh\u00f4ng c\u00f3 nhu c\u1ea7u mua SDR t\u1ef1 nguy\u1ec7n th\u00ec t\u1ed5 ch\u1ee9c IMF s\u1ebd c\u00f3 tr\u00e1ch nhi\u1ec7m ch\u1ec9 \u0111\u1ecbnh c\u00e1c qu\u1ed1c gia \u0111ang s\u1edf h\u1eefu c\u00e1n c\u00e2n th\u01b0\u01a1ng m\u1ea1i m\u1ea1nh h\u01a1n \u0111\u1ec3 t\u1ea1o n\u00ean s\u1ef1 linh ho\u1ea1t trong vi\u1ec7c trao \u0111\u1ed5i ti\u1ec1n t\u1ec7 l\u1ea5y SDR.<\/p>\n<p>B\u00ean c\u1ea1nh \u0111\u00f3, c\u00e1c qu\u1ed1c gia th\u00e0nh vi\u00ean IMF c\u00f3 th\u1ec3 vay SDR t\u1eeb ngu\u1ed3n d\u1ef1 tr\u1eef c\u1ee7a IMF v\u1edbi l\u00e3i su\u1ea5t \u01b0u \u0111\u00e3i \u0111\u1ec3 c\u1ea3i thi\u1ec7n v\u1ecb th\u1ebf cho c\u00e1n c\u00e2n thanh to\u00e1n c\u1ee7a h\u1ecd.<\/p>\n<p>IMF xem SDR l\u00e0 \u0111\u01a1n v\u1ecb k\u1ebf to\u00e1n c\u1ee7a h\u1ecd, gi\u00e1 tr\u1ecb c\u1ee7a SDR c\u0169ng \u0111\u01b0\u1ee3c t\u00ednh t\u1eeb c\u00e1c lo\u1ea1i ti\u1ec1n t\u1ec7 ch\u00ednh: \u0111\u00f4la M\u1ef9, Y\u00ean Nh\u1eadt, Nh\u00e2n d\u00e2n t\u1ec7,\u00a0 Euro, B\u1ea3ng Anh.<\/p>\n<h2><span id=\"Uu_nhuoc_diem_cua_SDR_la_gi\"><strong>\u01afu nh\u01b0\u1ee3c \u0111i\u1ec3m c\u1ee7a SDR l\u00e0 g\u00ec?<\/strong><\/span><\/h2>\n<p><strong>\u01afu \u0111i\u1ec3m c\u1ee7a SDR<\/strong><\/p>\n<p>H\u1ea1n ch\u1ebf s\u1ef1 ph\u1ee5 thu\u1ed9c v\u00e0o \u0111\u1ed3ng \u0111\u00f4 la M\u1ef9: sau khi c\u00f3 s\u1ef1 xu\u1ea5t hi\u1ec7n c\u1ee7a SDR th\u00ec c\u00e1c n\u01b0\u1edbc c\u00f3 th\u00eam \u0111\u1ed3ng ti\u1ec1n d\u1ef1 tr\u1eef kh\u00e1c \u0111\u1ec3 giao d\u1ecbch v\u1edbi nhau v\u00e0 kh\u00f4ng c\u00f2n ph\u1ee5 thu\u1ed9c nhi\u1ec1u v\u00e0o \u0111\u1ed3ng \u0111\u00f4 la M\u1ef9 nh\u01b0 tr\u01b0\u1edbc \u0111\u00e2y.<\/p>\n<p>Tr\u1edf th\u00e0nh c\u00e1n c\u00e2n thanh to\u00e1n hi\u1ec7u qu\u1ea3: Tr\u00ean th\u1ef1c t\u1ebf khi SDR \u0111\u01b0\u1ee3c \u0111\u01b0a v\u00e0o l\u01b0u th\u00f4ng, M\u1ef9 c\u0169ng kh\u00f4ng c\u00f2n quy\u1ec1n th\u1ed1ng tr\u1ecb duy nh\u1ea5t tr\u00ean th\u1ecb tr\u01b0\u1eddng thanh kho\u1ea3n. \u0110i\u1ec1u n\u00e0y c\u00f3 ngh\u0129a l\u00e0 kho\u1ea3n th\u00e2m h\u1ee5t ng\u00e2n s\u00e1ch c\u1ee7a c\u00e1c qu\u1ed1c gia tr\u00ean th\u1ebf gi\u1edbi v\u1edbi M\u1ef9 s\u1ebd \u0111\u01b0\u1ee3c gi\u1ea3i quy\u1ebft ph\u1ea7n n\u00e0o.<\/p>\n<p>Duy tr\u00ec t\u00ednh \u1ed5n \u0111\u1ecbnh: nh\u01b0 \u0111\u00e3 nh\u1eafc \u0111\u1ebfn trong ph\u1ea7n nguy\u00ean l\u00fd ho\u1ea1t \u0111\u1ed9ng c\u1ee7a SDR, quy\u1ec1n r\u00fat v\u1ed1n \u0111\u1eb7c bi\u1ec7t ph\u1ee5 thu\u1ed9c v\u00e0o b\u00ecnh qu\u00e2n c\u1ee7a gi\u00e1 tr\u1ecb c\u00e1c \u0111\u1ed3ng ti\u1ec1n. Do \u0111\u00f3, \u0111\u1ed3ng \u0111\u00f4 la M\u1ef9 kh\u00f4ng th\u1ec3 m\u1ed9t m\u00ecnh t\u1ef1 quy\u1ebft ngu\u1ed3n cung hay thay \u0111\u1ed5i gi\u00e1 c\u1ee7a SDR. V\u00e0 t\u00ecnh tr\u1ea1ng \u00e9p gi\u00e1 b\u1eb1ng c\u00e1ch t\u0103ng gi\u1ea3m \u0111\u1ed3ng \u0111\u00f4 la M\u1ef9 kh\u00f4ng c\u00f2n l\u00e0 v\u1ea5n \u0111\u1ec1. T\u1eeb \u0111\u00f3, SDR s\u1ebd l\u00e0m b\u00ecnh \u1ed5n gi\u00e1 c\u00e1c m\u1eb7t h\u00e0ng, ch\u1eb3ng h\u1ea1n nh\u01b0 v\u00e0ng, nhi\u00ean li\u1ec7u kh\u00ed \u0111\u1ed1t d\u1ea7u, ng\u0169 c\u1ed1c, th\u1ef1c ph\u1ea9m ti\u00eau d\u00f9ng,\u2026<\/p>\n<p><strong>Nh\u01b0\u1ee3c \u0111i\u1ec3m c\u1ee7a SDR<\/strong><\/p>\n<p>B\u00ean c\u1ea1nh nh\u1eefng \u01b0u \u0111i\u1ec3m th\u00ec ch\u00ednh b\u1ea3n th\u00e2n SDR c\u0169ng c\u00f2n t\u1ed3n t\u1ea1i m\u1ed9t s\u1ed1 h\u1ea1n ch\u1ebf nh\u01b0:<\/p>\n<p>\u2013\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Ch\u01b0a th\u1ef1c s\u1ef1 \u1ed5n \u0111\u1ecbnh nh\u01b0 c\u00e1c t\u00e0i s\u1ea3n h\u1eefu h\u00ecnh: so v\u1edbi SDR th\u00ec vi\u1ec7c s\u1eed d\u1ee5ng c\u00e1c lo\u1ea1i t\u00e0i s\u1ea3n h\u1eefu h\u00ecnh nh\u01b0 v\u00e0ng ho\u1eb7c ti\u1ec1n t\u1ec7 qu\u1ed1c gia l\u00e0m gi\u00e1 tr\u1ecb c\u1ee7a ti\u1ec1n t\u1ec7 \u1ed5n \u0111\u1ecbnh h\u01a1n.<\/p>\n<p>\u2013\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 SDR mang t\u00ednh tr\u1eebu t\u01b0\u1ee3ng: SDR kh\u00f3 th\u1ef1c hi\u1ec7n v\u00e0 qu\u1ea3n l\u00fd, nh\u1ea5t l\u00e0 trong c\u00e1c m\u00f4 h\u00ecnh kinh t\u1ebf vi m\u00f4 v\u00ec gi\u00e1 tr\u1ecb c\u1ee7a n\u00f3 l\u00e0 s\u1ed1 trung b\u00ecnh c\u1ed9ng c\u1ee7a c\u1ee7a c\u00e1c gi\u00e1 tr\u1ecb \u0111\u1ed3ng ti\u1ec1n kh\u00e1c nhau.<\/p>\n<p>\u2013\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Ph\u1ea1m vi thanh to\u00e1n b\u1ecb gi\u1edbi h\u1ea1n: ch\u1ec9 c\u00f3 c\u00e1c qu\u1ed1c gia trong Qu\u1ef9 ti\u1ec1n t\u1ec7 qu\u1ed1c t\u1ebf IMF m\u1edbi \u0111\u01b0\u1ee3c quy\u1ec1n s\u1eed d\u1ee5ng SDR n\u00ean trong m\u1ed9t s\u1ed1 tr\u01b0\u1eddng h\u1ee3p kh\u00f4ng th\u1ec3 ti\u1ebfn h\u00e0nh giao d\u1ecbch linh ho\u1ea1t.<\/p>\n<p>SDR t\u00ednh \u0111\u1ebfn th\u1eddi \u0111i\u1ec3m hi\u1ec7n nay \u0111\u00e3 c\u00f3 h\u01a1n 50 n\u0103m ho\u1ea1t \u0111\u1ed9ng v\u00e0 v\u1eabn \u0111\u00f3ng vai tr\u00f2 quan tr\u1ecdng cho c\u00e1c qu\u1ed1c gia th\u00e0nh vi\u00ean IMF trong ho\u1ea1t \u0111\u1ed9ng d\u1ef1 tr\u1eef ti\u1ec1n t\u1ec7 qu\u1ed1c t\u1ebf c\u0169ng nh\u01b0 ti\u1ebfn h\u00e0nh thanh to\u00e1n giao d\u1ecbch tr\u00ean ph\u1ea1m vi to\u00e0n c\u1ea7u. V\u1edbi nh\u1eefng th\u00f4ng tin v\u1ec1 quy\u1ec1n r\u00fat v\u1ed1n \u0111\u1eb7c bi\u1ec7t SDR l\u00e0 g\u00ec tr\u00ean \u0111\u00e2y hy v\u1ecdng c\u00f3 th\u1ec3 mang \u0111\u1ebfn cho b\u1ea1n c\u00e1i nh\u00ecn ch\u00ednh x\u00e1c v\u00e0 kh\u00e1ch quan nh\u1ea5t v\u1ec1 kh\u00e1i ni\u1ec7m n\u00e0y.<\/p>\n<p style=\"text-align: right\"><strong>Pha L\u00ea<\/strong><\/p>\n<p><!-- \/wp:paragraph --><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>SDR l\u00e0 g\u00ec? N\u00f3 c\u00f3 \u1ea3nh h\u01b0\u1edfng nh\u01b0 th\u1ebf n\u00e0o \u0111\u1ed1i v\u1edbi c\u00e1c ho\u1ea1t \u0111\u1ed9ng giao d\u1ecbch tr\u00ean th\u1ecb tr\u01b0\u1eddng? B\u1ea1n c\u00f3 th\u1ec3 t\u00ecm hi\u1ec3u to\u00e0n b\u1ed9 th\u00f4ng tin li\u00ean quan \u0111\u1ebfn kh\u00e1i ni\u1ec7m n\u00e0y trong b\u00e0i vi\u1ebft d\u01b0\u1edbi \u0111\u00e2y.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[429],"tags":[],"_links":{"self":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/11869"}],"collection":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/comments?post=11869"}],"version-history":[{"count":0,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/11869\/revisions"}],"wp:attachment":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/media?parent=11869"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/categories?post=11869"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/tags?post=11869"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}