Indonesia joins BRICS New Development Bank with $1 billion contribution
Indonesia’s investment in the BRICS NDB marks its active participation in the bloc’s financial architecture
Indonesia’s investment in the BRICS NDB marks its active participation in the bloc’s financial architecture
New Development Bank receives first contribution from Indonesia as full BRICS member
BRICS introduces UNIT, a collateral-anchored settlement instrument for cross-border trade in a multipolar financial system.
BRICS members India, Russia, and China advance local currency trade and explore a common alternative to challenge US dollar dominance in global finance.
New digital platform aims to enhance cross-border communication between Russia, China, and BRICS nations in tourism, business, and cultural sectors.
Russian President Vladimir Putin clarifies BRICS’ position on de-dollarization during India visit
Russian President Vladimir Putin criticized G7 economies during his India visit, highlighting India’s growing economic stature and advocating for BRICS, SCO, and G20 as more relevant forums.
Russian President Vladimir Putin clarifies BRICS’ position on currency unification during India visit
Russian President Vladimir Putin emphasizes gradual progress in BRICS currency discussions and addresses challenges in rupee-rouble trade mechanisms with India.