How To Use Ringgit In A Sentence
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The market capitalization is expected to be about 5.8 billion ringgit.
Financial Briefing Book: Oct. 7
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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.
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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.
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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.
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The Asian financial crisis was in full throttle, and the Malaysian ringgit, along with most other regional currencies, was falling fast.
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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
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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.
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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%.
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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.
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Prompt shipment of palm oil spot pricing fell 15 ringgit to 1985 ringgit per tonne.
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Many analysts are also of the view that the ringgit is undervalued, but the Malaysian government maintains that it is at a competitive level.
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Some economists expect the peso's gains against the U.S. dollar to accelerate this year, pushing the currency up faster than currencies such as Thailand's baht or Malaysia's ringgit, which have already hit multi-year highs.
Dollar's Fall Rocks Far-Flung Families
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Malaysia's currency unit is the ringgit, which is also called the Malaysian dollar.
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A total of 1,300 baht and 300 Malaysian ringgits were stolen, along with the other items.
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So far this year, the Malaysian ringgit is up 7.5% against the dollar and the Korean won and Indian rupee are both up about 5%.
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The government instead is reducing the corporate tax only for small and midsize industries with paid-up capital of 2.5 million ringgit and less.
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Malaysia "unpegged" the ringgit from the US dollar in 2005 and the currency appreciated 6% per year against the dollar in 2006-07.
Malaysia
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Based on the calculation of exchange rate volatility by GARCH model, this paper compared RMB with US dollar, Japanese Yen, HK dollar, Philippine peso, Malaysia Ringgit and Singapore dollar.
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That includes 40 billion ringgit for a mass transit system in Kuala Lumpur — the kind of infrastructure Malaysia needs — but also five billion ringgit on a new 100-story office tower.
Malaysia's Growth Muddle
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Apart from improving macro fundamentals and global economic stability, it said the long-term ringgit trend would largely be influenced by external factors, mainly China's possible currency reforms and the US Federal Reserve's decision on interest rates.
Daily Express Newspaper Online
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Southeast Asia's largest low-cost airline by fleet size said in a filing to the Malaysian stock exchange that its net profit for the period ended Dec. 31 increased to 316.6 million ringgit $103.3 million from 33.9 million ringgit a year earlier.
AirAsia Net Profit Soars
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The value of the ringgit has been seen as too low compared with other regional currencies which have gained strength reflecting the rising economy.
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There are few deals today and to be honest, I don't think there will be huge demand for it since the ringgit is a restricted currency too," the trader said.
China Allows Ringgit to Trade Against Yuan in Domestic Market
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Selain dikenakan hukuman cambuk keduanya juga diharuskan membayar denda masing-masing 5.000 ringgit dan itu telah mereka bayar.
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But his budget focused mainly on attracting investment to public-private partnerships to build new public works projects, on which he'll spend 137 billion ringgit ($44 billion).
Malaysia's Growth Muddle
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Rates are in Ringgit Malaysia and subject to change without prior notice.
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For the full year, net profit doubled to 1.07 billion ringgit on revenue of 3.99 billion ringgit.
AirAsia Net Profit Soars
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The workers can now be fined 10,000 ringgits and face a jail sentence of up to five years.
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Most factory workers currently earn between 450 to 600 ringgits daily.
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This year's sales are projected to expand by 5.85 billion ringgit from 4 billion ringgit last year.
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The ringgit was up 18.0% against the euro and the mark, 11.1% against the pound and 5.3% against the yen.
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MMC is in a joint venture with builder Gamuda Bhd. that is awaiting government approval for the Kuala Lumpur rapid transit project that analysts estimate may cost up to 50 billion ringgit.
Malaysia's MMC Submits Bid to Buy UEM
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It came to less than 30 Malaysian ringgit, which is less than $10.
TravelPod.com TravelStream™ — Recent Entries at TravelPod.com
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The offer values Plus Expressways at 4.60 ringgit a share, a small 3.1% premium over the price of Plus shares when they were halted Thursday pending the announcement.
Plus Expressways Receives Bid
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The US dollar and currencies pegged to the US dollar - like the ringgit - appear to carry the greatest weight.
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To reduce the government subsidy on fuel, Mahathir said diesel and petrol prices will increase by 10 sen per liter (100 sen = $0.3) to 0.80 and 1.20 ringgit respectively.
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Another factor is speculation the Malaysian ringgit might be devalued and this put pressure on the Singapore dollar as well.
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With output staying near potential and with no substantial demand-pull inflation, Bank Negara should hold policy rates for the rest of year," Mr. Kit said, adding that other supporting factors include household leverage of around 77%, the stronger ringgit and the U.S.
Malaysia's Growth Cools
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Prompt shipment of palm oil spot pricing fell 15 ringgit to 1985 ringgit per tonne.
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unpegged" the ringgit from the US dollar in 2005 and the currency appreciated 6\% against the dollar in 2006.
The 2007 CIA World Factbook
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The ringgit had been fixed at 3.8 to the U.S. dollar since 1998.
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The unit of currency is the Malaysian Ringgit which is divided into 100 sen.
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At present, MAS charges an average of 32.5 sen (100 sen equal 1 ringgit or $0.26) per kilometer.
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Malaysia "unpegged" the ringgit from the US dollar in 2005 and the currency appreciated 6% per year against the dollar in 2006-08.
Malaysia
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KUALA LUMPUR, Malaysia — Malaysian highway operator Plus Expressways Bhd. said Friday that state-owned UEM Group Bhd. and the Employees Provident Fund Board, a state-owned pension fund, have offered to take the company private for 23 billion ringgit ($7.46 billion) in cash.
Plus Expressways Receives Bid
