Brazil's BRICS presidency this year will not advance a common currency for the group of major developing economies this year, ...

Despite these discussions, BRICS members do not intend to eliminate their dollar reserves, and Lula himself has softened his ...

Established in 2015 by BRICS countries, the NDB is a multilateral development bank aimed at mobilising resources for infrastructure and sustainable development projects in BRICS and other emerging ...

Brazilian President Luiz Inácio Lula da Silva Thursday highlighted the social mission of the New Development Bank (NDB), also known as BRICS Bank, during Dilma Rousseff's inauguration as ...

Last week, Brazil's finance ministry and central bank discussed their proposals for the BRICS presidency this year, including cross-border payment initiatives, sources said. Neither institution ...

Former Brazilian President Dilma Rousseff was offered the chance to stay for another five years as head of the New Development Bank (NDB, also known as the BRICS Bank) by Russian President ...

Nigerian authorities said this week that the nation’s new partnership status with the BRICS bloc could unlock critical opportunities in trade, investment and agriculture. Nigerian President Bola ...

"The ECC approved Pakistan’s membership in the New Development Bank, established by BRICS member countries. The committee endorsed the purchase of 5,882 capital shares in the NDB, amounting to $ ...

ISLAMABAD: The Economic Coord­ination Committee (ECC) of the Cabinet on Friday approved Pakistan’s membership to the New Development Bank (NDB) set up by the BRICS nations and ordered the ...