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 The Indian rupee fell as low as 80.06 per dollar on Tuesday, touching a record low before rebounding slightly and rising 0.1 percent. Harold Maass, The Week, 19 July 2022 With that, the rupee sank like a stone and Sri Lanka hemorrhaged foreign-exchange reserves. Steve H. Hanke, National Review, 14 July 2022 The Indian rupee’s recent plunge has made remittances by Indian expatriates more valuable. Mimansa Verma, Quartz, 6 July 2022 For the moment, inflation and the depreciation of the Sri Lankan rupee has increased production costs tenfold. Naman Ramachandran, Variety, 23 July 2022 India policymakers are trying to support the rupee and halt its fall, as the weakening of the country's currency adds to import costs and inflation pressures. Harold Maass, The Week, 19 July 2022 Experts believe that the recent measures the RBI announced to stabilise the rupee may not yield benefits immediately as long as the external environment remains hostile. Mimansa Verma, Quartz, 15 July 2022 Topping all that, the government in March floated the Sri Lankan rupee -- meaning its price was determined based on the demand and supply of foreign exchange markets. Jessie Yeung, CNN, 14 July 2022 Rising oil prices are pushing up India’s import bill and pressuring the rupee. Shefali Anand, WSJ, 17 May 2022 See More

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.

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

8 Aug 2022

Cite this Entry

“Rupee.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/rupee. Accessed 17 Aug. 2022.

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More Definitions for rupee

rupee

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

Kids Definition of rupee

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

More from Merriam-Webster on rupee

Nglish: Translation of rupee for Spanish Speakers

Britannica.com: Encyclopedia article about rupee

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