ADVERTISEMENT

Discover Stakeru8

Check out the latest opportunities and start earning through Stakeru8.

Visit Now →

Iran to join BRICS development bank soon, central bank governor says

DUBAI, Aug 13 (Reuters) – Iran will soon join the New Development Bank, the development lender established by the BRICS group of nations, central bank governor Abdolnaser Hemmati said in a state media report published on Wednesday ahead of a BRICS finance meeting in India.

Iran remains under sweeping U.S. and international sanctions, and it has yet to reach a peace deal to end the current conflict with the U.S. and Israel, giving Tehran added incentive to seek alternative financial channels outside the dollar system.

Comments

No comments yet. Why don’t you start the discussion?

Leave a Reply

Your email address will not be published. Required fields are marked *