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What is a ringgit?

What is a ringgit? Here are some definitions.

Noun
  1. The currency of Malaysia
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Examples
The wedding reception alone is said to have cost more then 240,000 ringgit, excluding the 50,000 ringgit they donated to charity to celebrate their wedding.
Malaysia's currency unit is the ringgit, which is also called the Malaysian dollar.
A 2009 study of 1.3 million Malaysian workers by the Ministry of Human Resources showed that almost 34 percent earned less than 700 ringgit a month — below the official poverty line of 720 ringgit.
The value of the ringgit has been seen as too low compared with other regional currencies which have gained strength reflecting the rising economy.
To reduce the government subsidy on fuel, Mahathir said diesel and petrol prices will increase by 10 sen per liter to 0.80 and 1.20 ringgit respectively.
This year's sales are projected to expand by 5.85 billion ringgit from 4 billion ringgit last year.

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