BRICS Bank: Decoupling from the Dollar

Source: RT Arabic | Original Published At: 2026-09-12 20:47:17 UTC

Key Points

• BRICS has developed alternative financial infrastructure to provide an option to traditional institutions associated with dollar dominance.
• The New Development Bank, as a BRICS institution, is described as a driver of development for member states.
• The bank is portrayed as helping safeguard the sovereign rights of BRICS members through an alternative financing channel.
• The article's framing emphasizes reducing dependence on the US dollar in the international financial system.