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

As India heads into elections, central-bank technocrats worry that the government may dip into the RBI’s rupee reserves—a rainy-day fund used to shore up public finances—to open the spigots of government largess to voters. — Sadanand Dhume, WSJ, "A $2.6 Trillion Economy Depends on a Credible Central Bank," 1 Nov. 2018 In turn, the country’s foreign-exchange reserves have dwindled to a four-year low as the central bank has tried, unsuccessfully, to defend the rupee. — Andrew Peaple, WSJ, "China’s Economic Diplomacy Only Paves a Bumpy Road," 9 Oct. 2018 India’s foreign-exchange reserves have fallen by more than $7 billion in the past three weeks, a sign the RBI may have intervened to support the rupee. — Kartik Goyal, Bloomberg.com, "Rupee's Slide to 15-Month Low Said to Have Spurred Intervention," 16 May 2018 Ms Marlena, who claimed a token salary of just one rupee, was among nine experts dismissed in April on the grounds that the home ministry had not approved the creation of their posts, several of which had existed under previous governments. — The Economist, "India’s national government and the city of Delhi are feuding," 21 June 2018 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

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.