India pushes rupee toward inclusion in IMF's 2027 SDR basket
India is leveraging its economic growth, trade ties and digital payment networks to make the rupee eligible for the IMF's 2027 Special Drawing Rights review.
The International Monetary Fund will assess its SDR basket in 2027, and India is actively positioning the rupee for possible inclusion. Officials cite strong growth, expanding trade links and a robust digital payments infrastructure as key arguments. The move follows a history of the SDR basket evolving from a gold-based synthetic currency to a mix of major world currencies.
Why it matters
Adding the rupee to the SDR could boost India's global financial influence and provide greater liquidity for its economy.
In this story
SDR reviewrupeeInternational Monetary Funddigital paymentstrade linkseconomic growthspecial drawing rights
