rupee

noun
ru·pee | \rü-ˈpē, ˈrü-ˌpē \

Definition of rupee 

the basic monetary unit of India, Mauritius, Nepal, Pakistan, Seychelles, and Sri Lanka — see Money Table

Examples of rupee in a Sentence

Recent Examples on the Web

On WhatsApp, a messaging service ubiquitous in India, sending rupees is now as easy as posting a selfie. The Economist, "Emerging from the shadowsNarendra Modi wants to boost formalisation. How is he faring?," 1 Mar. 2018 The Indian rupee weakened to a new low against the dollar, driven by concerns that rising oil prices will undermine the country’s strong economic fundamentals. Debiprasad Nayak, WSJ, "Indian Rupee Hits Record Low Against Dollar," 28 June 2018 As the rupee has weakened, overseas investors are cutting holdings of local government and corporate bonds for a fourth straight month. Kartik Goyal, Bloomberg.com, "Rupee's Slide to 15-Month Low Said to Have Spurred Intervention," 16 May 2018 No, the hugely expensive loan waivers that several Indian states have recently offered angry farmers are not a good idea, yielding benefits of less than one rupee for every rupee spent (see chart). The Economist, "Indian states are testing a new way of setting development priorities," 14 June 2018 Around 80% of the content is free on Hotstar, with the company charging as little as 199 rupees ($2.95) a month for Hollywood movies and shows or 299 rupees for a year of live sports. Shalini Ramachandran, WSJ, "Comcast and Disney Chase India’s Shooting ‘Star’ in Fox Deal," 10 June 2018 Even an increase of one rupee per kilogram in local prices would help millers recover losses from exports, Verma said. Pratik Parija, Bloomberg.com, "India Sugar Exports May Climb to Four-Year High on Record Output," 7 Mar. 2018 The edict forced people to exchange their rupees for new notes at banks, setting off a short-term cash crunch and prompting many Indians to consider digital options. Vindu Goel And Suhasini Raj, New York Times, "India Clings to Cash, Even as Tech Firms Push Digital Money," 7 Jan. 2018 The bank cut its end-2018 rupee forecast to 67 to a dollar from 66. Subhadip Sircar, Bloomberg.com, "No Love for India's Rupee as Analysts Rush to Cut Forecasts," 25 Apr. 2018

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'rupee.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of rupee

1610, in the meaning defined above

History and Etymology for rupee

Hindi & Urdu rūpaiyā, from Sanskrit rūpya coined silver

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Statistics for rupee

Last Updated

7 Oct 2018

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Time Traveler for rupee

The first known use of rupee was in 1610

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More Definitions for rupee

rupee

noun

English Language Learners Definition of rupee

: the basic unit of money in some Asian countries including India and Pakistan

rupee

noun
ru·pee | \rü-ˈpē \

Kids Definition of rupee

: any of various coins (as of India or Pakistan)

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not any or not one

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