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 ...

The board of the BRICS-led New Development Bank (NDB) will hold a vote for the incorporation of Argentina in August, the entity’s president Dilma Rousseff told Argentina's Economy Minister ...

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 ...

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 ...

"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 $ ...

In a world where emerging economies are reshaping global trade and power dynamics, Nigeria’s recent inclusion as a “partner country” in the BRICS bloc is a milestone. With its immense ...

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 ...