China emerges as the largest contributor in BRICS reserve pool

UPDATED ON MAR 28, 2013 11:58 AM IST
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China will be the largest contributor of the contingency reserve fund (CRF) of BRICS (Brazil, Russia, India, China and South Africa) consortium of nations. This was decided after a meeting of the finance ministers of the member nations at Durban in South Africa, on the second day of the fifth summit.

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