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The Brunei Darussalam Central Bank (abbrev: BDCB; Malay: Bank Pusat Brunei Darussalam) is the central bank of Brunei.In addition to creating the Brunei currency and managing the nation's monetary policy, [2] its major goals consisted of building and upholding domestic price stability, guaranteeing the stability of the financial system, particularly via the creation of prudential standards and ...
In 1967, the Malaya and British Borneo dollar was replaced by three new currencies: the Malaysian dollar, Singapore dollar and the Brunei dollar, all at par. [7] The Interchangeability Agreement which the three countries adhered to as original members of the currency union meant the Brunei dollar was exchangeable at par with the Singapore ...
Fixed currency Anchor currency ... Indian rupee: 1 Bolivian boliviano ... Bosnia and Herzegovina convertible mark: Euro: 1.95583 Brunei dollar: Singapore dollar: 1 ...
Brunei and Singapore agreed to have Singapore train its armed forces with Brunei. Like Brunei, Singapore is a full member of the Commonwealth of Nations. Brunei and Singapore have a currency agreement that the currencies of both countries can be used in either of the two countries. The Brunei dollar and the Singapore dollar are maintained at par.
The Currency Ordinance No. 44 of 1952 of the Crown Colony of Singapore, No. 33 of 1951 of the Federation of Malaya, No. 10 of 1951 of North Borneo and No. 1 of 1951 of Sarawak implemented an agreement between those governments and the State of Brunei for the establishment of a Board of Commissioners of Currency to be the sole issuing authority in British Malaya and British Borneo.
In 1999, Brunei's natural gas production reached 90 cargoes per day. A small amount of natural gas is used for domestic power generation. Brunei is the fourth-largest exporter of LNG in the Asia-Pacific region behind Indonesia, Malaysia, and Australia. Brunei's proven oil and gas reserves are sufficient, as of 2015, to last until at least 2035 ...
The correct term for Brunei's currency is the Brunei Dollar in English. Even the abbreviation bears this out with BND. (However, note that the correct name for the Bruneian currency in the Malay language, which is the official language in Brunei, is the "Ringgit") The words "Brunei Dollar" is clearly printed on the paper notes (e.g. )