BRICS bank should take on bigger role – economist   ...News

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BRICS bank should take on bigger role – economist  
source : Russia Today ( News ) () 35
The New Development Bank may eventually start issuing a single currency for the group, Tshepo Kgadima has told RT  The New Development Bank (NDB) could play a key role in creating a common currency for the BRICS group of major emerging economies, analyst Tshepo Kgadima has told RT.      The Shanghai-based NDB is a multilateral financial development institution established in 2014 by the BRICS nations – Brazil, Russia, India, China, and South Africa.     Making the BRICS bank more powerful would benefit all its members, but first the group itself has to be “institutionalized” and come up with a charter, according t

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