BRICS Bank To Finance Its Members’ Projects In Local Currencies

This was announced by the president of the bank Dilma Rousseff. Photo: Roberto Stuckert / Brasil 247

The New BRICS Development Bank (NDB) is set to launch payments in local currencies to invest in the private sector of the economies of the grouping’s member states, according to a statement by the financial institution’s president Dilma Rousseff. This is reported by Brasil 247, a partner of TV BRICS. The NDB director identified three main… Continue reading BRICS Bank To Finance Its Members’ Projects In Local Currencies

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