DUBAI, 12 August. - (ANA) -  Iran will soon join the New Development Bank, the development lender established by the BRICS group of nations. Central bank governor Abdolnaser Hemmati said in a state media report published on Wednesday ahead of a BRICS finance meeting in India.

 

Iran remains under sweeping US and international sanctions, and it has yet to reach a deal to end the current conflict with the US and Israel, giving Tehran added incentive to seek alternative financial channels outside the dollar system.   - (ANA) -

 

AB/ANA/12 August 2026 - - -