New Development Bank
Iran Warns BRICS of ‘Big Threat’ From Western Payment Systems, Vows to End Dependence
Iran has called for BRICS nations to reduce their reliance on Western… More…
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BRICS Bank Offers Zimbabwe Escape From IMF Debt Traps, Says Professor
A Zimbabwean professor has highlighted the BRICS New Development… More…
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Algeria gets official approval to join BRICS New Development Bank
Algeria is now officially in the club. Earlier today, the North African… More…
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BRICS’ banks ramps up effort to completely ditch dollar
The BRICS nations, a coalition of five major emerging economies, … More…
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BRICS Bank to Issue First Indian Rupee Bond — Plans to Boost Local Currency Lending
The New Development Bank (NDB), also known as the BRICS Bank, is reportedly… More…
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BRICS bank is really struggling with de-dollarization
Eager to move away from the gravitational pull of the U.S. dollar, … More…
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BRICS bank prioritize local currencies
The New Development Bank (NDB), an initiative of the BRICS nations,… More…
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Russian President Vladimir Putin Criticizes the ‘Use of the Dollar as a Political Weapon’
Russian President Vladimir Putin has railed against using the dollar… More…
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BRICS Bank Official Discusses Common Currency as Reports of Gold-Backed BRICS Currency Gain Attention
The BRICS Bank’s vice president and chief financial officer has shed… More…
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Argentina Settled Almost 20% of Its Imports in April and May Using the Chinese Yuan
The government of Argentina has noted that 19% of all imports authorized… More…
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