Contingent Reserve Arrangement

E31786
BRICS mechanism financial arrangement reserve pool

The Contingent Reserve Arrangement is a financial safety net established by BRICS countries to provide mutual support and liquidity during balance-of-payments and currency crises.

Jump to: Surface forms Statements Referenced by

Observed surface forms (1)

Surface form Occurrences
Treaty for the Establishment of a BRICS Contingent Reserve Arrangement 1

Statements (45)

Predicate Object
instanceOf BRICS mechanism ⓘ
financial arrangement ⓘ
reserve pool ⓘ
alsoKnownAs CRA ⓘ
associatedWith BRICS ⓘ
New Development Bank ⓘ
cooperatesWith International Monetary Fund ⓘ
createdBy BRICS ⓘ
surface form: BRICS countries
currency US dollar ⓘ
designedTo complement existing global financial safety net ⓘ
reduce dependence on IMF financing ⓘ
feature precautionary liquidity line ⓘ
stability mechanism for short-term balance-of-payments pressures ⓘ
swap arrangement among BRICS central banks ⓘ
foundingMember Brazil ⓘ
China ⓘ
India ⓘ
Russia ⓘ
South Africa ⓘ
governedBy Contingent Reserve Arrangement self-linksurface differs ⓘ
surface form: Treaty for the Establishment of a BRICS Contingent Reserve Arrangement
hasBeneficiary Brazil ⓘ
China ⓘ
India ⓘ
Russia ⓘ
South Africa ⓘ
hasParticipantType sovereign state ⓘ
headquartersLocation Shanghai ⓘ
isPartOf BRICS financial cooperation framework ⓘ
legalForm treaty-based international arrangement ⓘ
member Brazil ⓘ
China ⓘ
India ⓘ
Russia ⓘ
South Africa ⓘ
purpose provide financial safety net for BRICS countries ⓘ
provide liquidity support during balance-of-payments difficulties ⓘ
provide liquidity support during currency crises ⓘ
strengthen financial stability in BRICS countries ⓘ
regionServed BRICS ⓘ
surface form: BRICS countries
sector international finance ⓘ
monetary policy ⓘ
topic balance of payments ⓘ
currency crisis management ⓘ
financial stability ⓘ
international reserves ⓘ

Referenced by (2)

Full triples — surface form annotated when it differs from this entity's canonical label.

Contingent Reserve Arrangement → governedBy → Contingent Reserve Arrangement self-linksurface differs ⓘ
this entity surface form: Treaty for the Establishment of a BRICS Contingent Reserve Arrangement
BRICS → hasInstitution → Contingent Reserve Arrangement ⓘ