The development bank founded by the BRICS bloc of emerging economies aims to promote a multipolar financial system, its head, Dilma Rousseff, has i...

Finance Bank Yuan Lending

Aug, 23, 2023

3 min read

by Bitcoin News

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 denominated in South African rand (...

Finance Bank Fundraising Yuan

Aug, 18, 2023

2 min read

by Bitcoin News

BRICS Bank in Membership Talks With Saudi Arabia, Report Reveals

The development bank set up by the BRICS bloc is negotiating with Saudi Arabia on accepting the country as a member, according to a press report. T...

Finance Bank Fundraising Brics

May, 28, 2023

2 min read

by Bitcoin News

Brazil Sees BRICS Bank as Alternative Financial Institution, President Lula Says

The government of Brazil views the development bank established by the BRICS bloc as an alternative to traditional financial institutions, the coun...

Finance Brazil Bank Banks

May, 27, 2023

2 min read

by Bitcoin News

De-dollarization Has Already Started, Says Russia’s Foreign Minister Lavrov

The process of de-dollarization has practically started, according to Russian Minister of Foreign Affairs Sergey Lavrov. Moscow’s top diplomat is c...

Economy Russia Brazil Brics

May, 21, 2023

2 min read

by Bitcoin News