It also occurs in the liver, when it produces bile to break down fat, and the liver also breaks down medicine, and small intestine, the small intestine is where the main chemical digestion occurs, the small intestine absorbs all the nutrients into the blood streams.
SDR Valuation The currency value of the SDR is determined by summing the values in U.S. dollars, based on market exchange rates, of a basket of major currencies (the U.S. dollar, Euro, Japanese yen, and pound sterling).. IMF Rule O-2(a) defines the value of the U.S. dollar in terms of the SDR as the reciprocal of the sum of the equivalents in U.S. dollars of the amounts of the currencies in the SDR basket, rounded to six significant digits.
Initially, the value of the SDR was defined in terms of one US-$, which in turn was defined in terms of an ounce of gold: $35/oz until 18-Dec-1971; $38/oz between 18-Dec-1971 and 11-Feb-1973; $42.22/oz between 12-Feb-1973 and 30-Jun-1974.Since July 1974 the SDR has been defined in terms of a basekt of currencies.he exchange rates used by the IMF to calculate the official SDR are the noon rates in the London foreign exchange market. When the London market is closed, noon rates in the New York market are used, and Frankfurt fixing rates are employed when the New York market is also closed.