Definition of ringgit
the basic monetary unit of Malaysia — see money table
Recent Examples of ringgit from the Web
Lotte Chemical Titan Holdings Sdn Bhd, a Malaysian company owned by South Korea’s Lotte Group, lowered its IPO price to 6.5-8 ringgit a piece, according to the Financial Times.
The conglomerate will now look to raise $1.1 billion from the IPO of Lotte Chemical Titan, the people said, selling 740.48 million shares at 6.50 ringgit ($1.51).
Malaysia has 51 chocolate manufacturers and confectioneries and 194 local chocolate producers, selling about 1.095 billion ringgit a year, according to cocoa board data.
FGV will also pay a 280 ringgit dividend to the nearly 95,000 settlers who hold shares.
Since Malaysian regulators in November took steps to deter foreign banks from trading offshore ringgit NDFs, trading on the platform for that instrument tumbled 70 percent, said Jeff Ward, head of Asia and emerging markets.
Malaysia’s currency, the ringgit, has lost 8 percent against the dollar in the last year.
A political donation of $681 million, equal to about 2.6 billion Malaysian ringgit, would be an exorbitant sum in Malaysian politics.
A Malaysian man earned almost 3,000 ringgit (US$790) and the title of best rat catcher by killing 1,175 of the rodents in three months with a slingshot.
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.
Origin and Etymology of ringgit
Malay, literally, serration, coin with milled edge
First Known Use: 1967See Words from the same year
Learn More about ringgit
Britannica.com: Encyclopedia article about ringgit
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