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Home MONETARY OPERATIONS Reserve Investment & Payment Settlement System

Reserve Investment and Payment & Settlement System

PostDateIconTuesday, 22 November 2011 | PostAuthorIconWritten by Administrator |

Overview


Reserve Investment

This division monitors and maintains external reserves in order to safeguard the international value of the Brunei currency with sufficient backup of the currency in circulation. The external assets of the Currency Fund must not be less than 100 per cent of the face value of the currency notes and coins in circulation as per required under Section 24 of the Currency and Monetary (Principal) Order, 2004 as amended in Section 16 of the Currency and Monetary (Amendment) Order, 2010.

 

Payment & Settlement

One of the objectives of AMBD is to assist in the establishment and functioning of efficient payment systems and to oversee them as per required under Section 4 (1) (c) of the Autoriti Monetari Brunei Darussalam Order, 2010.

Reserve Investment  and Payment & Settlement System
 
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