Daily Market Updates: Iran plans to join the BRICS New Development Bank

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Iran plans to join the BRICS New Development Bank

Iran’s central bank chief said the move is intended to deepen economic ties as tensions with the United States continue.

Reported · Written up by our desk · Trade & Tariffs

Iran is preparing to join the BRICS New Development Bank, according to comments from the country’s central bank chief reported by CNBC.

The announcement links the planned participation to Iran’s efforts to strengthen economic alignment with BRICS amid ongoing pressures stemming from its conflict with the United States.

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Sources

CNBC MarketsIran looks to ramp up economic alliance with BRICS nations as war with U.S. drags on

CNBC WorldIran looks to ramp up economic alliance with BRICS nations as war with U.S. drags on

CNBC FinanceIran looks to ramp up economic alliance with BRICS nations as war with U.S. drags on

Global Markets

Iran plans to join the BRICS New Development Bank

More like this

Sources

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