According to recent reports

Brics bank strives to reduce reliance on the dollar

According to recent reports, the New Development Bank (NDB) of BRICS nations will offer loans in the local currencies of member states. As confirmed by Dilma Rousseff, the new chief of

BRICS New Development Bank breaks away from US dollar

NDB President Dilma Rousseff confirmed

NDB President Dilma Rousseff confirmed that the bank plans to provide 30% of loans in the local currencies of its member nations. The move aims to reduce dependency

BRICS New Development Bank Now Offers Loans in Local

BRICS Bank shifts away from dollar, to issue 30% of

The move to offer loans

The move to offer loans in local currencies is to steer away from the US dollar’s dependency. The plan to offer the loan was reportedly confirmed by NDB President

BRICS’ NDB Boosts Local Currencies with Innovative Loan Offerings

BRICS Bank de-dollarizing, promises 30% of loans in

The New Development Bank

BRICS Bank Aims to Increase Local-Currency Borrowing

Another Blow to US Dollar: BRICS New Development Bank Offers

The New Development Bank (NDB), established by BRICS nations, has started offering loans in local currencies. This innovative move aims to support member