BRICS CCI

IAlignment of Liquidity

Alignment of Liquidity

Alignment of Liquidity

Posted on 2016-07-04 14:52:23 by brics

Between the five countries, the block holds foreign-currency reserves of $4.4 trillion, and needs an institution to safeguard this amassing wealth. The reserve will also protect members from short-term liquidity volatility and balance-of-payment problems. It would be a viable alternative funding source for development projects in emerging and poor countries.

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