the basic monetary unit of Malaysia see Money Table
Examples of ringgit in a Sentence
Recent Examples on the WebThe new initiative would train 60,000 high-skilled local engineers, and establish at least 10 local semiconductors firms in design and advanced packaging with revenue between 1 billion and 4.7 billion ringgit ($212.7 million to $1 billion).—Lionel Lim, Fortune Asia, 29 May 2024 Today, the low-cost airline is worth around 20 billion ringgit (over $4 billion) and Fernandes’s net worth (currently, $335 million) and notoriety, has grown with it.—Orianna Rosa Royle, Fortune, 11 Mar. 2024 The prime minister has praised China’s Belt and Road Initiative, and won a 170 billion Malaysian ringgit ($35.6 billion) investment commitment from Beijing almost a year ago.—Lionel Lim, Fortune Asia, 26 Feb. 2024 He is accused of transferring 42 million ringgit ($9 million) from 1MDB subsidiary SRC International Sdn Bhd to his personal account between 2014 and 2015.—Philip Heijmans, Bloomberg.com, 10 Jan. 2024 There is no real market in which the Peruvian company could exchange Peruvian soles for Malaysian ringgit, so local banks facilitating that trade will normally use soles to buy U.S. dollars and then use dollars to buy ringgit.—Paul Krugman, Foreign Affairs, 6 Dec. 2023 In May this year, the duo won regulatory approval to buy the International Medical University in Kuala Lumpur for 1.35 billion ringgit.—Jonathan Burgos, Forbes, 12 Nov. 2023 Supermax reported a loss of 102.4 million ringgit for the six-month period ended December 31, 2022, down from a profit of 686 million ringgit for the same period ended a year before.—Anu Raghunathan, Forbes, 19 Apr. 2023 For a similar room, the Cheong Fatt Tze Mansion currently charges around 540 ringgit a night, while the Edison Hotel’s rate is 630 ringgit.—Simon Elegant, New York Times, 20 Mar. 2023
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'ringgit.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
Word History
Etymology
Malay, literally, serration, coin with milled edge
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