ringgit

noun

ring·git ˈriŋ-git

plural ringgits or ringgit

the basic monetary unit of Malaysia see Money Table

Example Sentences

Recent Examples on the Web Losers could include those such as the Malaysian ringgit, which Goldman notes has been strangled by a rising interest-rate differential with the Federal Reserve—despite core inflation levels at their highest since the global financial crisis. —

Megha Mandavia, WSJ, 2 Sep. 2022 The ringgit was little changed at 4.2393 per dollar and 10-year government bond yields fell one basis point to 3.24%. —

Time, 20 Aug. 2021 The cost of the coffee beans that the couple, who are married, buy is spiraling because they are traded globally in U.S. dollars, and the Malaysian ringgit has fallen to a 24-year low. —

Ben Dooley, New York Times, 4 Oct. 2022 The ringgit is down 7.4% against the dollar this year and more depreciation may be ahead—particularly if lower energy prices start to erode export earnings and rates stay low. —

Megha Mandavia, WSJ, 2 Sep. 2022 Shares recovered to pre-pandemic levels to hit 0.8 ringgit in March 2021, but have declined by a third since then in line with Malaysia’s broader healthcare index, dragged down by global uncertainty. —

Danielle Keeton-olsen, Forbes, 5 July 2022 The ringgit ended little changed at 4.0553 per dollar. —

Anisah Shukry, Bloomberg.com, 15 Dec. 2020 The annual property tax on this home is about 1,300 ringgit ($300), Ms. Tan said. —

New York Times, 15 Apr. 2020 The Malaysian ringgit slumped to the lowest in almost six months amid the political turmoil, trading 0.8% down at 4.2242 per dollar as of 3:02 pm local time. —

Time, 24 Feb. 2020 See More

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'ringgit.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.