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Brunei Dollar

Brunei - Brunei Dollar (BND)

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Description

The Brunei dollar is the currency of Brunei. The banknotes have both a paper banknote and polymer (plastic) banknote series in circulation. Monetary Authority of Singapore (MAS) is responsible for issuing the Brunei banknotes. The Monetary Authority of Singapore not only manages the Brunei dollar but also the Singapore dollar, Brunei’s largest trading partner. The two currencies are pegged at par to each other to greatly reduce exchange rate risk.