rupee
noun
, ˈrü-ˌpē
\
Definition of rupee
Examples of rupee in a Sentence
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But air conditioners are much bigger purchases than a light bulb; the highest-efficiency models hover between 31,000 and 35,000 rupees. — Russell Gold, WSJ, "Can India Afford to Cool Down?," 21 Nov. 2018 Rising taxes and the falling rupee, in turn, have helped push up inflation, which has jumped from 2% to 8% during Mr Sirisena’s tenure (see chart). — The Economist, "Coconuts and joltsSri Lanka’s president is struggling to keep his promises of reform," 17 Jan. 2018 India’s currency hit record lows earlier this year but the rupee has recovered some ground as oil prices have tumbled. — Corinne Abrams, WSJ, "India Overtakes China as Favored Target for Corporate Deals," 25 Dec. 2018 Older merchants still remember trading in rupees, so closely was business linked with India. — The Economist, "Do buyHow Dubai became a model for free trade, openness and ambition," 21 June 2018 One painful measure has already been taken for the new government, however: a 20% devaluation of the rupee since December, making exports more competitive. — Bill Spindle, WSJ, "Pakistan’s New Leader Faces Financial Reckoning," 27 July 2018 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 2018These 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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From the Editors at Merriam-Webster
9 Words for Transnational Currencies
9 Words for Transnational Currencies
Same name, different countries
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25 Mar 2019
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rupee
noun
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