City
Epaper

Brunei to introduce new coin composition

By IANS | Updated: November 5, 2024 20:20 IST

Bandar Seri Begawan, Nov 5 Brunei will introduce a new metal composition for the coins in circulation, local ...

Open in App

Bandar Seri Begawan, Nov 5 Brunei will introduce a new metal composition for the coins in circulation, local media reported on Tuesday.

The new coins will be made from monolayer plated steel, which will improve durability while maintaining the same size, weight, and design, according to the Brunei Darussalam Central Bank (BDCB), Xinhua news agency reported.

As the issuer of Brunei Darussalam's currency, the agency prioritises maintaining banknotes and coins that are of the highest quality, durability, and security, the local daily Borneo Bulletin reported.

Brunei is a small economy located in Southeast Asia, primarily relying on the export of oil and downstream products as its pillar industries.

The Brunei government is committed to promoting economic diversification and financial stability.

--IANS

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

Other SportsWimbledon 2025: Fritz downs Davidovich Fokina, reaches fourth round

NationalPunjab: DSP suspended for attempting to bribe senior official

BusinessNorthern Region Ministers' Conference on Civil Aviation held in Dehradun

NationalMajor success in 3 weeks: Security forces recover 203 arms, 160 types of ammunition

InternationalFrom Bhojpuri to Creole, Dal Puri to Doubles and Tabla to Steel Pan: PM Modi highlights blends of Indian beats to Caribbean rhythm oceans away

International Realted Stories

International"Our priority will always be Global South": PM Modi during joint session of Trinidad and Tobago's Parliament

InternationalTrump announces plans to host UFC fight at White House for nation's 250th year of independence

International"Humbled to be first Indian PM to speak at iconic Red House": PM Modi on addressing Trinidad and Tobago's Parliament

International"Reflects eternal, deep friendship between our countries": PM Modi after being conferred Trinidad & Tobago's highest civilian honour

International"Your kindness and generosity...are legendary": Trinidad and Tobago President hails PM Modi