• Gold Standard I...
    01/12/2016 - 00:57
    Jamie Dimon, JP Morgan ChaseBrian T. Moynihan, Bank of AmericaMichael Corbat, Citigroup I am writing to you to warn you about the disruption that is about to occur in banking.

SDR use on USPS mail





 
So I just got a parcel sent from Illinois to the UK. I just noticed a little box on USPS label, "SDR value" with it filled out. So I checkout USPS website and see they've made some changes in January (http://about.usps.com/postal-bulletin/2012/pb22349/html/updt_004.htm). Why have they valued 1 U.S. $ = 0.6502 SDR? Why is my mail being valued in SDR? I figured Special Drawing Rights were only to come in when the currency is dead?
 

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