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ringgit

[ UK /ɹˈɪŋd‍ʒɪt/ ]
[ US /ˈɹɪŋɪt/ ]
NOUN
  1. the basic unit of money in Malaysia; equal to 100 sen

How To Use ringgit In A Sentence

  • The market capitalization is expected to be about 5.8 billion ringgit. Financial Briefing Book: Oct. 7
  • Malaysia's ringgit has been pegged at 3.80 to the dollar since the Asian financial crisis and speculation has been growing that it will be revalued against the US currency soon.
  • For the first two months of 2000, the total trade surplus stood at 9.1 billion ringgit, 10 million ringgit less than the surplus registered for the same period last year.
  • Economists and industry leaders lauded the decision to allow the ringgit to be dictated by market forces for the first time in seven years, saying it was time to dismantle the last of the crisis-era financial controls.
  • The Asian financial crisis was in full throttle, and the Malaysian ringgit, along with most other regional currencies, was falling fast.
  • Other currencies that got a mention as alternative safe-havens include some emerging-market currencies such as the Singapore dollar, the Korean won, the Malaysian ringgit and the Czech koruna. Yen, Franc to Keep Haven Appeal
  • The wedding reception alone is said to have cost more then 240,000 ringgit, excluding the 50,000 ringgit they donated to charity to celebrate their wedding.
  • The Malaysian ringgit remains pegged to the dollar, but that's likely to change soon, and experts believe it will rise by 10% to 15%.
  • It has also gained just 6.7 per cent relative to the pegged currencies of our trading partners: the Malaysian ringgit, the Hong Kong dollar and the Chinese renminbi.
  • Prompt shipment of palm oil spot pricing fell 15 ringgit to 1985 ringgit per tonne.
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