Brunei Dollar as currency
Currency reserves for the Brunei Dollar
According to the International Monetary Fund, the total broad money (M3) amounted to BND 15.57 billion at the end of 2019. For currency hedging, reserves were held in a total amount of 5.83 billion Dollars. This corresponds to a ratio of 1:2.7. Or in other words: 1 of 3 Dollars is deposited with a countervalue, which is internationally already above average.
Approximately 301.2 million Dollars (5.2%) of the currency reserves exist in gold reserves, the remainder consists of foreign currencies, special drawing rights in the International Monetary Fund and other reserve positions.
› Worldwide currency and gold reserves