MONETARY OPERATIONS
Reserve Investment & Payment Settlement System
Reserve Investment and Payment & Settlement System
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.