ru·​pi·​ah | \ rü-ˈpē-ə \
plural rupiah or rupiahs

Definition of rupiah

the basic monetary unit of Indonesia — see Money Table

Examples of rupiah in a Sentence

Recent Examples on the Web

The MSCI Emerging Markets Asia Index, which is down nearly 14% in the year to date, is up 0.6% so far in December, while the Chinese yuan and Indonesian rupiah have also pared some of their 2018 losses. Joanne Chiu, WSJ, "Foreigners Dive Back Into Stocks and Bonds in Asia," 6 Dec. 2018 The rupiah has fallen to levels not seen since the 1997-98 Asian financial crisis, and with the Federal Reserve likely to continue raising short-term interest rates, there is no relief in sight. Rizal Ramli, WSJ, "Indonesia’s President Suddenly Looks Vulnerable," 17 Oct. 2018 And some central banks have raised borrowing costs aggressively: Bank Indonesia, for example, has boosted benchmark rates by 1 percentage point in recent months to restrain the rupiah’s slide. Saumya Vaishampayan, WSJ, "Turkish Lira Falls Further; Erdogan Fails to Assuage Investors’ Concerns," 13 Aug. 2018 The bank relied on dollar selling in the domestic foreign-exchange market to slow the rupiah’s decline against the U.S. currency. I Made Sentana, WSJ, "Indonesia Officials Laud Country’s Financial Stability," 30 Apr. 2018 There’s been some respite since then, with the rupiah and bonds posting their first weekly gain in six and stocks climbing 3.3 percent last week. Viriya Singgih,, "New Bank Indonesia Governor Is Wasting No Time on Rate Hikes," 28 May 2018 In Indonesia, where the rupiah has fallen to its weakest level against the dollar in more than two years, fuel prices are an election issue. Tom Fairless, WSJ, "Steep Oil and Strong Dollar Make Toxic Brew for Global Economies," 17 June 2018 Its central bank nonetheless raised rates twice in May to stabilise the rupiah. The Economist, "Why countries like Argentina and Turkey fret about exchange rates," 21 June 2018 Indonesia’s central bank last month raised rates twice in less than two weeks to stem the slide in its currency, the rupiah. Saumya Vaishampayan, WSJ, "Why Asia’s Emerging Markets Are Looking Better Than Their Peers," 14 June 2018

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'rupiah.' 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 rupiah

1947, in the meaning defined above

History and Etymology for rupiah

Malay, from Hindi & Urdu rūpaiyā rupee

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Last Updated

15 Jan 2019

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The first known use of rupiah was in 1947

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English Language Learners Definition of rupiah

: the basic unit of money in Indonesia

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Rhyming Dictionary: Words that rhyme with rupiah Encyclopedia article about rupiah

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