Monday, April 24, 2023

BRICS New Development Bank breaks away from US dollar

 https://www.msn.com/en-us/money/markets/brics-new-development-bank-breaks-away-from-us-dollar/ar-AA1aebR8?ocid=msedgntp&cvid=92d813c8a11946cfb83a227429b627c8&ei=10

NDB President Dilma Rousseff has confirmed that the bank plans to provide 30% of loans in local currencies of its member nations, effectively moving away from using the US dollar in international trade.


No comments:

Post a Comment