Definition of rupee
the basic monetary unit of India, Mauritius, Nepal, Pakistan, Seychelles, and Sri Lanka — see Money Table
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Recent Examples of rupee from the Web
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That process commonly starts with the rupees being converted into dollars, just for a moment, before being converted once again into euros.
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Rising crude could cause depreciation of the Indian rupee and hurt investor sentiment, said Patil, who manages 240 billion rupees ($3.7 billion), around 100 billion of which is in equity.
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Amid stories that ministerial posts, and sums of up to 1bn rupees (around $15m) had been offered as lures, the opposition allies corralled their legislators into three hotels to shield them from outside influence.
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The proceeds—along with government grant money—cover the women’s salaries, about 350 rupees ($5) per day.
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Not So Easy For instance, an economy seat on a flight from Pune to Mumbai a week from now would cost about 10,000 rupees ($150), while the first-class train fare for the 90-kilometer (56-mile) trip is about 1,165 rupees.
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Mobile payments got a big boost in November 2016 when India’s prime minister, Narendra Modi, abruptly announced the withdrawal of high-value banknotes, which made up 86% of the rupees in circulation.
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The rupee has been the second-worst performing Asian currency this year, dropping 2.3 percent against the dollar, after strengthening 6.4 percent in 2017.
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According to Euromonitor, men’s per capita annual disposable income grew 59% in 2011-16, to about 129,000 rupees (about $2,000), while women’s grew 63%, to just some 53,000 rupees.
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.
Origin and Etymology of rupee
Hindi & Urdu rūpaiyā, from Sanskrit rūpya coined silver
RUPEE Defined for English Language Learners
Definition of rupee for English Language Learners
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: the basic unit of money in some Asian countries including India and Pakistan
RUPEE Defined for Kids
Definition of rupee for Students
: any of various coins (as of India or Pakistan)
Learn More about rupee
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See 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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