9 лет назад
Sputniknews.com
Russian Cabinet Backs Bill on BRICS Reserve Currency Pool

On July 15, 2014, the member countries signed an agreement to establish the $100-billion BRICS New Development Bank and a reserve currency pool worth another $100 billion.

Russia will contribute $18 billion to the pool, along with India and Brazil. China is expected to contribute the largest share at $41 billion, with South Africa chipping in the remaining $5 billion.

The New Development Bank is envisioned to become one of the largest multilateral development institutions in the world with an independent lending policy from its headquarters in Shanghai.


Original