rupee

noun
ru·​pee | \ rü-ˈpē How to pronounce rupee (audio) , ˈrü-ˌpē How to pronounce rupee (audio) \

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 From pressure on pricing to a weak rupee and RERA guidelines, there are several factors that currently favour NRI investors, who play an important role in driving real estate growth in India. Amit Goyal, Quartz India, "The pandemic-triggered slump is a great opportunity for NRIs to buy homes in India," 14 June 2020 Every month, Shamim used to send a few thousand rupees home. Harsh Mander, Quartz India, "An Indian cloth trader’s harrowing, 900 km walk home amid coronavirus lockdown," 28 Apr. 2020 The Indian rupee has depreciated 10% so far this year against the dollar, in which many commodities Unilever buys are priced. Carol Ryan, WSJ, "Unilever Beds Down in India," 28 Nov. 2018 After the bombing, Sri Lanka’s rupee fell the most in two months, bonds tumbled and stocks led global declines. Iain Marlow, Bloomberg.com, "Easter Massacre Opens Door for Strongman to Return in Sri Lanka," 23 Apr. 2019 The new governor, a former bureaucrat known for his proximity to the Modi government, may allow politicians to fund pre-election spending by raiding the bank’s rupee reserves. Sadanand Dhume, WSJ, "Modi’s Party Crashes to Defeat, Casting Doubt on His Re-Election," 13 Dec. 2018 The eight-digit rupee salaries offered by multinationals are celebrated as proof of the country’s engineering talent. Diksha Madhok, Quartz India, "How to build a brave new world for the young, ambitious Indian woman," 5 Dec. 2019 Ms Sitharaman talks of tweaking export credits and speeding tax reimbursements for exporters, when letting the overvalued rupee drop would boost exports even more. The Economist, "EconomyA downturn in India reveals the desperate need for deeper reform," 24 Oct. 2019 As skittish global investors have flocked to the safety of the dollar, India’s rupee and other emerging-market currencies have plunged in value. Vindu Goel, New York Times, "From Underwear to Cars, India’s Economy Is Fraying," 21 Sep. 2019

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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Time Traveler for rupee

Time Traveler

The first known use of rupee was in 1610

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Statistics for rupee

Last Updated

20 Jun 2020

Cite this Entry

“Rupee.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/rupee. Accessed 15 Jul. 2020.

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More Definitions for rupee

rupee

noun
How to pronounce rupee (audio) How to pronounce rupee (audio)

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 How to pronounce rupee (audio) \

Kids Definition of rupee

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

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More from Merriam-Webster on rupee

Rhyming Dictionary: Words that rhyme with rupee

Spanish Central: Translation of rupee

Nglish: Translation of rupee for Spanish Speakers

Britannica.com: Encyclopedia article about rupee

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