News for 'brics-contingent-reserve-arrangement'

India to take up currency devaluation issue at G20

India to take up currency devaluation issue at G20

Rediff.com3 Sep 2015

The meet will focus on the recent global economic developments, challenges and collective measures to address them

BRICS bank to start in 2 years

BRICS bank to start in 2 years

Rediff.com16 Jul 2014

India will have the presidency of the BRICS' $100 billion New Development Bank for six years with headquarters in China that will become operational in about two years, a major step for reshaping the international financial system dominated by the West.

Are global summits losing relevance?

Are global summits losing relevance?

Rediff.com7 Sep 2015

Capital flows have become much more skittish and volatile during this period, with short-term horizons dominating allocations.