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.
Russian President Vladimir Putin clarifies BRICS’ position on de-dollarization during India visit
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.
Russian President Vladimir Putin clarifies BRICS’ monetary cooperation approach during India visit.
Indonesia contributes to BRICS’ development bank while expanding its ties with the multilateral group.