Page 63 - Malaysia Baharu 2018
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August 1975, the name “Ringgit”
was officially accepted as the proper
OFFICIAL LANGUAGE name for the Malaysian currency.

Article 152 of the Federal Earlier, money was known as dollar
Constitution explains that the Malay in English and Ringgit in Malay.
language known as the official However, the “$” symbol continued
language is the language that to be used until it was changed to
cannot be disputed on its functions “RM” in 1993 and continue to be
and its rolse as the national used until today.
language. The position of the
Malay language stabilised further
with the National Language Act of 3 | NATIONAL PROFILE
1967. Its importance as a language
of knowledge and the medium of
teaching and learning has also led
to the Education Act 1961 (1996
Amendment). Nevertheless, the
vernaculars of the other races such
as Mandarin for the Chinese and
Tamil for the Indians are free to be
spoken and used by their respective
speakers. Apart from that, English
had still dominated the language
in the trade and industry sector DEMOGRAPHY

in the country. The Malaysian Malaysia boasts a melting pot
Government also encourages its ofvarious races, creeds and heritage.
people to master other international Themajor races in Malaysia are
languages particularly, in tourism the Malays, Chinese and Indians.
and international trade. Furthermore, there are the indigenous

tribes of Peninsular Malaysia called
“Orang Asli” and is generally divided
CURRENCY into three major groups, namely the
Negrito, Senoi and Proto-Malay.
The Malaysian Ringgit is the Sabah’s population consists of 32
currency unit of Malaysian currency ethnic groups and the major ethnic is
with the code MYR. The Ringgit have Kadazandusun. Among others ethnic
banknotes worth RM100, RM50, include Rungus, Bajau, BajauLaut,
RM20, RM10, RM5 and RM1 and 50 Murut, Lundayeh, Orang Sungai
sen (cent) coins, as well as 20 sen, and Iranun. Meanwhile, Sarawak
10 sen and 5 sen coins. The use of population consists of 27 ethnic
one sen has stopped on 1 April 2008 groups and Iban is the major ethnic
following the introduction of rounding group apart from Bidayuh, Melanau
up the value to the nearest five sen and Orang Ulu.
mechanism.

The name “Ringgit” derived from In 2018, the Malaysian population is
Spanish silver money which was estimated to reach 32.4 million with
widely used in ancient times. Since an increase of 0.4 million from 2017.
The population in the age group 0 to

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