Brunei dollar / United States dollar

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Updated: 18 Jan, 3:02 pm UTC
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The Brunei Dollar is the official currency of Brunei. It is used for transactions in Brunei and is also accepted as legal tender in Singapore, where it is known as the Singapore Dollar. The Brunei Dollar has a relatively stable exchange rate, making it attractive for investors looking for a secure currency to invest in. Additionally, the Brunei Dollar is part of the Foreign Exchange Market (FOREX), allowing investors to hedge against foreign exchange rate risk. Finally, the Brunei Dollar is also part of the currency basket of the IMF’s Special Drawing Rights, providing investors with a safe-haven asset during times of market volatility.