Rating agency --- BRICS is becoming a force to be reckon with. In 2015 it established the development bank. The bank's mission is to raise funds for infrastructure and long-term development. The recent talk of BRICS establishing a rating agency has apparently caught the interest of investors, and experts believe that the planned establishment of the ratings agency will aid the BRICS nations' determinations to increase funds from capital markets and develop their bond markets

Source author: Matshedisa Emily Mokoena mokoenamati@gmail.com