1 rupee | Definition of rupee

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

Emerging-market currencies, including the Brazilian real, Indian rupee and South African rand, fell. The Economist, "The trade war escalates, and the fog of war descends," 8 Aug. 2019 The Indian rupee strengthened slightly, a day after hitting record lows against the dollar. Joanne Chiu, WSJ, "Asian Markets Digest Lira Crisis, Weak Chinese Data," 14 Aug. 2018 The rupee strengthened as much as 0.5 percent to 67.7563 per dollar after tumbling to 68.1425 on Tuesday, the weakest since January 2017. Kartik Goyal, Bloomberg.com, "Rupee's Slide to 15-Month Low Said to Have Spurred Intervention," 16 May 2018 But many sat empty, or held just a rupee or two put in by banks under government pressure to reduce the number of zero-balance accounts. The Economist, "Indians are switching to digital payments in droves," 6 June 2019 The Thai baht has remained little changed during this month’s trade war turbulence, while peers such as the rupee and the won have weakened almost 3%. Fortune, "The Currency That’s Quietly Emerged as Asia’s Safest Bet," 6 Aug. 2019 The decision on launching the digital rupee must consider its impact on existing payments infrastructure, and financial stability, the report said. Pramod Mathew, Quartz India, "Indian government panel wants cryptocurrency holders jailed, but can’t deny its tech has merits," 23 July 2019 The rupee has plunged more than 40 percent in the last year. Washington Post, "Pakistani businesses on strike over new IMF-backed taxes," 13 July 2019 The benchmark Sensex index rallied more than 3.7% for its best day since September 2013, while the rupee gained 1% on the U.S. dollar. Avantika Chilkoti, WSJ, "Indian Markets Rally on Modi Exit Poll Lead," 20 May 2019

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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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)

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More from Merriam-Webster on rupee

Rhyming Dictionary: Words that rhyme with rupee

Spanish Central: Translation of rupee

Nglish: Translation of rupee for Spanish Speakers

Britannica.com: Encyclopedia article about rupee