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 Brazilian real, Indian rupee and Colombian peso -- which have been pummeled as the coronavirus raged across those countries -- stand out for the head of emerging-market sovereign debt in London. Ruth Carson, Fortune, "Bad news for Americans traveling abroad—here comes the weaker dollar," 26 Apr. 2021 Part of that is down to the stocks themselves, and part due to a weakening rupee. Mike Bird, WSJ, "The Covid-19 Risk to Markets Isn’t All Over," 20 Apr. 2021 In most cases, there are two kinds of people asking questions—those who are curious, and those who see crypto as some sort of threat, or worse, an alternative to the Indian rupee. Prathamesh Mulye, Quartz, "A techie who once mistrusted the internet is now building one of India’s largest crypto exchanges," 11 Apr. 2021 The Indian rupee depreciated quickly and the stock and debt markets were in turmoil. Prathamesh Mulye, Quartz, "Rising US treasury bond yields could threaten India’s economic recovery," 23 Mar. 2021 Efforts by Indian policy makers to open up rupee corporate bond sales to more investors took a step backward during the pandemic, as borrowers shunned tighter regulations in the public market in a record dash for funds. Rahul Satija, Bloomberg.com, "Pandemic Exposes Hurdles to Developing India’s Credit Market," 24 Dec. 2020 That was about 48% higher than the 28.7 billion rupee estimate of 14 analysts surveyed by Bloomberg. Suvashree Ghosh, Bloomberg.com, "ICICI Bank Posts Record Profit on Expected Dip in Bad Loans," 31 Oct. 2020 That compares with the average 90.17 billion-rupee profit estimated by analysts. Debjit Chakraborty, Bloomberg.com, "Reliance Industries Posts 15% Profit Drop as Pandemic Hits Oil Demand," 30 Oct. 2020 Currently, these international brands sell at a significant premium in India because of import duties and the unfavourable dollar-to-rupee exchange rate. Manavi Kapur, Quartz India, "The newest person to want a piece of India’s sneaker market is Mukesh Ambani," 9 Nov. 2020

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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Statistics for rupee

Last Updated

4 May 2021

Cite this Entry

“Rupee.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/rupee. Accessed 6 May. 2021.

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More Definitions for rupee

rupee

noun

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)

More from Merriam-Webster on rupee

Nglish: Translation of rupee for Spanish Speakers

Britannica.com: Encyclopedia article about rupee

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