Munich Personal RePEc Archive

Will BRICS New Development Bank focus on off-US Dollar currencies as major currency- A review

Jermy, Amanda (2016): Will BRICS New Development Bank focus on off-US Dollar currencies as major currency- A review.

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Abstract

Will the New Development Bank (NDB) – all the more generally known as the BRICS bank – free South Africa and other rising and creating nations from the grasp of the forceful dollar? The paper is a review of futuristic and contemporary views of the first president of the NDB. It has been reviewed as to the quantum of the influential credential of the newly established entity on the international monetary environment.

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