9The Second Amendment to the Articles of Agreement of the IMF, which came into effect in April 1978, eliminated the use of gold as the common denominator of the par value system and as the basis of the value of the SDR. http://www.imf.org/extemal/np/exr/facts/gold. htm.
10"Monetary goldand SDRs issued by the IMF are financial assets for which there are no corresponding financial liabilities." http://www.imf.org/extemal/ indexlst.htm.
