Archive | July 7, 2015

BRICS central banks sign Contingent Reserve Arrangement (CRA)

July 7, 2015

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BRICS central banks sign Contingent Reserve Arrangement (CRA) Source: BRICS 2015 Russia The central banks of Brazil, Russia, India, China and South Africa have signed an operating agreement on mutual support as part of the BRICS Contingent Reserve Arrangement (CRA). The document was signed after a meeting of BRICS finance ministers and central bank governors […]

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