{"id":158001,"date":"2025-05-24T16:00:25","date_gmt":"2025-05-24T13:00:25","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=158001"},"modified":"2025-05-23T17:10:08","modified_gmt":"2025-05-23T14:10:08","slug":"new-country-joins-brics-bank-boosting-momentum-to-move-beyond-the-dollar","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/new-country-joins-brics-bank-boosting-momentum-to-move-beyond-the-dollar\/","title":{"rendered":"New Country Joins BRICS Bank, Boosting Momentum to Move Beyond the Dollar"},"content":{"rendered":"<p>This marks a major milestone in the broader de-dollarization push, as emerging economies seek alternative financial frameworks and reduced dependency on Western institutions.<\/p>\n<p>The <strong><a href=\"https:\/\/tass.com\/economy\/1961731\" rel=\"nofollow\">expansion<\/a><\/strong> of the BRICS bank not only strengthens the coalition but also reinforces the use of local currencies in cross-border trade, accelerating what analysts now call a global currency realignment. NDB President Dilma Rousseff highlighted that the bank\u2019s growing reach is designed to promote development without reliance on Western monetary systems.<\/p>\n<p><div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1\">Read More:<\/h5>\n    <a class=\"article row post-157874\" href=\"\" title=\"\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img class=\"image img-defer\" src=\"\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\"><\/h4>\n        <\/div>\n    <\/a>\n<\/div>\n<\/p>\n<p>Algeria\u2019s decision signals a clear intent to back financial independence strategies, as countries in Africa, Asia, and beyond distance themselves from the U.S.-led economic order. Increasingly, nations are embracing currency substitution models\u2014especially in energy and infrastructure deals\u2014as frustrations grow over the influence of the IMF and World Bank.<\/p>\n<p>Spearheaded by China and Russia, the BRICS alliance is developing parallel financial structures aimed at reducing the dollar\u2019s role in international commerce. This includes alternative payment systems, new trade agreements, and collaborative lending efforts through the NDB.<\/p>\n<p>With Algeria\u2019s addition, the BRICS financial ecosystem gains both regional influence and strategic resources, opening new channels for non-dollar development finance. As more nations show interest in joining, the momentum behind a multipolar financial future continues to build.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a move that underscores the global pivot away from U.S. dollar dominance, Algeria has officially joined the BRICS New Development Bank (NDB).<\/p>\n","protected":false},"author":3,"featured_media":80496,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[60],"tags":[],"coin_category":[],"class_list":["post-158001","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>New Country Joins BRICS Bank, Boosting Momentum to Move Beyond the Dollar<\/title>\n<meta name=\"description\" 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