Last August the IMF allocated SDRs (Special Drawing Rights) for countries around the world. So far, there hasn't been reports on how the countries benefited from those allocated funds. It could be possible that the countries that received the SDRs are waiting for something to be implemented before any signs of improvement or changes can be shown or recorded.
One thing that could possibly activate the use of the IMF's SDRs would be when the IMF adjusts the SDR Basket of Currencies later this year. At that time, the countries would get the green light to either swap their SDRs or keep them in their reserves. The following article has an excellent explanation of how currency swaps work. This could be what the world economy is waiting for. Also, the IMF is considering adopting the proposed financial safety net that the ASEAN created with the Chiang mai initiative. It's a safety net that will be used when currencies begin to fluctuate resulting from either revaluations or devaluations.
The following articles explain what we might see in the not so distant future. If you are interested in Asian currencies, maybe for example, the Vietnamese dong, or the Chinese yuan, and don't forget, the South Korean Won, then read the following articles when you have the time.
*** Overinterpreting “Currency Swap Agreement”
IMF May Adopt Financial Safety Net Proposed by Seoul at November's G20 Summit ...
Links to ASEAN+3 Chiang Mai Initiatve and Currency Swaps
“The teacher who is indeed wise does not bid you to enter the house of his wisdom but rather leads you to the threshold of your mind.” ~ Kahlil Gibran
