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Indonesia Commits $1B to BRICS Bank in Strategic De-Dollarization Move

Indonesia Commits $1B to BRICS Bank in Strategic De-Dollarization Move

Author:

Global Cryptocurrency

Published:

2025-12-02 08:20:01

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BTCCSquare news:

Indonesia has pledged $1 billion to the New Development Bank, marking a pivotal shift in Southeast Asia's largest economy toward BRICS alliance integration. The January 2025 membership aligns with Jakarta's strategy to diversify trade partnerships amid US tariff pressures under the TRUMP administration.

Coordinating Minister Airlangga Hartarto announced the allocation during a Jakarta economic summit, framing it as catalytic funding for sustainable infrastructure across emerging markets. The injection accelerates the bloc's collective retreat from dollar dominance—a trend gaining momentum as BRICS members expand local currency settlements.

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