Malaysian Ringgit (MYR)

About the Malaysian Ringgit

The Malaysian “ringgit” (plural: ringgits) is the official currency used in the country of Malaysia. Its official currency code is “MYR” and it is symbolized by a “RM”. The primary denominations include 5, 10, 50 sen coin; and 1, 5, 10, 50, and 100 ringgit paper bank notes. In Malaysia, decimal numbers are denoted using a point (e.g. 1.50). The ringgit has a managed float exchange rate that is pegged to a basket of currencies and its value is often seen as being dependent on commodity prices (Malaysia’s largest export).

Central Bank: Bank Negara Malaysia

News: Malaysian Ringgit

• Wall Street Journal - FOMC Outcome Weighs on Asian Shares - WSJ (19 March 2015, 7:00 am)
• The New York Times - How a Strong Dollar Creates Trouble Elsewhere - NYTimes.com (17 March 2015, 12:08 am)
• Malaysia Airlines to go private - Video Library - The Town Talk (27 November 2014, 8:00 am)

Reports & Events: Malaysian Ringgit

• Establishment of RM1 billion High Tech Facility – National Investment Aspirations (HTF-NIA) (15 December 2020, 3:00 pm)
• International Reserves of Bank Negara Malaysia as at 30 November 2020 (7 December 2020, 7:00 am)
• New and enhanced financing facilities for SMEs affected by COVID-19 (1 December 2020, 2:00 pm)

Discussions: Malaysian Ringgit

• Ringgit rout fails to revive exports - DailyFX (1 October 2015, 7:05 pm)

Videos: Malaysian Ringgit