ringgit

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ring·git

(rĭng′gĭt)

See Table at currency.

[Malay, from earlier Malay, piece of eight, from ringgit, serrated, jagged, milled (the piece of eight being called ringgit in Malay because of its milled edge, as opposed to the smooth edge of the Spanish real which also circulated as currency in Southeast Asia during the colonial era).]

American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

ringgit

(ˈrɪŋɡɪt)

(Currencies) the standard monetary unit of Malaysia, divided into 100 sen

[from Malay]

Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014

ring•git

(ˈrɪŋ gɪt)

n.

the basic monetary unit of Brunei and Malaysia.

[1965–70; < Malay riŋgit literally, serrated, milled]

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Noun

ringgit - the basic unit of money in Malaysia; equal to 100 sen

sen - a fractional monetary unit of Japan and Indonesia and Cambodia; equal to one hundredth of a yen or rupiah or riel

Malaysian monetary unit - monetary unit is Malaysia

Translations

令吉

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References in periodicals archive ?

Malaysian palm oil still targets a range of 2,256-2,274 ringgit per tonne, as its correction from the Jan.

Palm oil still targets 2,256-2,274 Ringgit range

The ringgit will likely extend its downward trend against the US dollar next week to between 3.96 and 4.00, mainly driven by external factors, said analysts.

Ringgit to extend downward momentum

Under the deal, Malaysia will eliminate import duties by 2012 on 77.3 percent of imports from Pakistan, valued at 152.7 million ringgit ($43.6 million) in 2006.

Malaysia signs FTA with Pakistan

The ringgit opened easier against the US dollar as the greenback gained strength amid volatility in the financial markets and the weakening of oil prices, dealers said.

Ringgit opens easier against US dollar

The benchmark palm oil contract for October delivery on the Bursa Malaysia Derivatives Exchange was up 0.4 percent at 2,070 ringgit ($501.82) a tonne at the end of the trading day, its sixth gain in seven sessions.

Malaysian palm oil charts first monthly gain since January

Palm's losses, however, were capped by a weaker ringgit , its currency of trade.

Palm oil declines

"The total cost of all the items, the retail price, will be touching 910 (million) to 1.1 billion ringgit," Amar Singh, the police's head of commercial crime, told a press conference.

US$273 million worth of handbags, cash, jewellery seized from ex-PM: Hermes and Chanel designer handbags, jewellery and watches were seized in raids linked to former prime minister Najib Razak amid investigations into troubled state fund 1MDB

In a statement, the central bank governor said that the ringgit is 'far from reflecting its fair value.'

Malaysian central bank says currency is not fairly valued

The Malaysian ringgit's decline in value vis-a-vis other currencies by about 25 percent over the past few years has led to the decrease in the number of Filipinos seeking work in Malaysia, a senior Philippine diplomat said on Wednesday.

Malaysia now less attractive to Filipinos

Petronas, or Petroliam Nasional Bhd, reported a net loss of 2.96 billion ringgit ($704.3 million) for the October-December period, which it attributed to impairment of assets caused by low oil prices.

Petronas may need to borrow

The carrier booked a loss of 288.2 million ringgit ($68.42 million) for July-September, wider than the 210.85 million ringgit of the same quarter a year earlier, a stock exchange filing showed.