H.R. 6899 would prohibit the Department of the Treasury from exchanging U.S. dollars for Special Drawing Rights (SDR) held by Russia or Belarus. SDR are an international reserve asset of the International Monetary Fund (IMF) that are distributed to each member country. The act would direct the department to encourage other IMF members to follow suit and to oppose any non-humanitarian assistance for Russia and Belarus provided by international financial institutions such as the IMF and World Bank.
