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Tuesday, August 11, 2020

central banks BRICS

CENTRAL BANKS BRICS NEWS

BRICS Bank to extend first loans by April 2016

July 10, 2015 3:41 am

For the first three months, the bank expects to seek assistance from member-countries' local development banks.

$100-bn forex pool pact inked, India’s share at $18 billion

July 09, 2015 8:39 am

China will make the biggest contribution to the pool: $41 billion. India, Russia and Brazil will donate $18 billion each, while South Africa’s investment will be $5 billion.