Ringgit

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Ringgit

The currency of Malaysia. It was issued in 1967 as the Malaysian dollar, though it was called the ringgit in Malay. The name ringgit was used in both languages starting in 1975. It was pegged to the U.S. dollar between 1998 and 2005 as a result of the East Asian financial crisis. In 2005 it became a currency with a managed float.
References in periodicals archive ?
The INRO (International Natural Rubber Organization) Daily Market Indicator Price (figure 1) DMIP 80-99 is the benchmark for the market intervention; it is expressed equally in Malaysian ringgit sens and Singapore dollar cents.
5 /PRNewswire/ -- Hanson PLC, (NYSE: HAN), the international building materials company, has completed an agreement to enter the Malaysian aggregates market through the acquisition for Malaysian Ringgit 100 million (approximately $26.
This, in turn, had the effect of exacerbating the fall in the value of the Malaysian ringgit, which made it impossible to defend the ringgit against speculative attacks.
Through the Malaysian Palm Oil Board, the government of Malaysia has allocated a sum of Malaysian Ringgit 43.
The central bank observed that the currency has depreciated almost 12 percent against the dollar in 2015, making it the second-worst performing Asian currency behind the Malaysian Ringgit.
He further told that if any one approach for getting passport the authorities charged three thousand Malaysian Ringgit (Rs.
2015 will be a awful year for the Malaysian ringgit, the Borsa and Malaysian government debt, writes Matein Khalid.
Since then, it has printed two small sukuk issues denominated in Malaysian ringgit.
His family was initially given 24 hours to pay 20,000 Malaysian ringgit (BD2,260, Dh22,016) to his abductors who threatened to chop his fingers off if they failed to pay up.
His parents were given 24 hours to pay 20,000 Malaysian ringgit (around BD2,260) to his abductors or they threatened to chop his fingers off.
0 billion Sukuk Wakalah Programme - the first Malaysian Ringgit Sukuk Programme to be established by a Saudi corporate issuer and the first issuance by a Saudi corporate issuer of Malaysian Ringgit denominated Sukuk in the Malaysian debt capital market to date.
You can prebook the Galaxy Tabs for the equivalent of A$11 or pick one up the day for A$14 in Malaysian ringgit.

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