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BRICS Bank Offers Zimbabwe Escape From IMF Debt Traps, Says Professor

BRICS Bank Offers Zimbabwe Escape From IMF Debt Traps, Says Professor

A Zimbabwean professor has highlighted the BRICS New Development Bank (NDB) as a crucial alternative to the International Monetary Fund (IMF), offe...
Oct, 17, 2024
by Bitcoin News
BRICS Bank Officially Authorizes a New Country To Join the Ranks

BRICS Bank Officially Authorizes a New Country To Join the Ranks

The New Development Bank (NDB), commonly called the BRICS bank, has officially authorized a new country to join…
Sep, 02, 2024
2 min read
by Watcher.Guru
BRICS Bank Provides Loan for the First Time in 2024, Lends $500 Million

BRICS Bank Provides Loan for the First Time in 2024, Lends $500 Million

BRICS bank, commonly called the ‘New Development Bank’ (NDB) extended its wings for the first time in 2024…
Jan, 12, 2024
2 min read
by Watcher.Guru
Local Currencies Are Not Alternatives to the Dollar but the System, BRICS Bank Chair Says

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, its head, Dilma Rousseff, has i...
Aug, 23, 2023
3 min read
by Bitcoin News
BRICS Bank Issues First ZAR Bonds as It Looks to Use Local Currencies

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 (...
Aug, 18, 2023
2 min read
by Bitcoin News