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Cryptopolitan 2023-08-11 21:31:06

BRICS bank prioritize local currencies

The New Development Bank (NDB), an initiative of the BRICS nations, is facing an inevitable shift. While it was established to serve emerging economies and move away from dollar-dependence, global economic shifts are steering its path differently. Its founding member, Russia, is grappling with sanctions, prompting a reconsideration of the bank’s strategy. The local currency ... Read more

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