BRICS Bank President Pushes for US Dollar Exit, Bitcoin Emerges as Key Player
The BRICS New Development Bank prioritizes reducing US dollar reliance by promoting the use of local currencies. President…
Browsing Tag
BRICS Bank
14 posts
BRICS Try Stablecoin For International Trade Settlement
[[{„value”:” The BRICS nations – Brazil, Russia, India, China, and South Africa – are stepping up efforts to…
BRICS is Developing a Blockchain-Based Direct Payment System
[[{„value”:” The members of BRICS have announced that they are developing a blockchain-based payment system that will facilitate…
BRICS Aims to Develop a Blockchain-based Payment System Soon
[[{„value”:” The alliance of BRICS nations will design a payment gateway mark and improve the role of BRICS…
Local Currencies Are Not Alternatives to the Dollar but the System, BRICS Bank Chair Says
The development bank founded by the BRICS bloc of emerging economies aims to promote a multipolar financial system,…
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 planning to issue its first…
BRICS Bank Issues First ZAR Bonds as It Looks to Use Local Currencies
The New Development Bank (NDB), established by the BRICS bloc of emerging economies, has issued its first bonds…
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 light on the economic bloc’s aspiration to…
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 in the national system were settled…
Egypt Applies for BRICS Membership, Seeks Trade in National Currencies
Egypt has filed an application to join the BRICS bloc, Russia’s ambassador to the Arab nation confirmed. The…