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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
Apparel priced at more than 10,000 rupees would see an increase from 12 percent to 28 percent, while the highest price category’s tax rate would jump from 28 percent to 35 percent.
—Mayu Saini, Sourcing Journal, 2 Jan. 2025
The shares, representing a fourth of the family’s 72% stake, had a value of 209 billion rupees ($2.5 billion) on the day of the transfer.
—Rana Wehbe Watson, Forbes, 9 Dec. 2024
Adani Enterprises shares peaked at around 3,600 Indian rupees ($42.61) in June 2024, up from a low of 1315 rupees ($15.50) in February 2023.
—Lionel Lim, Fortune Asia, 21 Nov. 2024
The stock listed at 1,934 rupees ($23) on India’s National Stock Exchange, below its offer price of 1,960 rupees ($23.31), and traded down 4% at 1,882.10 rupees ($22.39) by 0548 GMT (1:48 a.m. ET), giving the company a valuation of 1.53 trillion rupees ($18.2 billion).
—Reuters, CNN, 22 Oct. 2024
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Word History
Etymology
Hindi & Urdu rūpaiyā, from Sanskrit rūpya coined silver
First Known Use
1610, in the meaning defined above
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Cite this Entry
“Rupee.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/rupee. Accessed 7 Jan. 2025.
More from Merriam-Webster on rupee
Nglish: Translation of rupee for Spanish Speakers
Britannica.com: Encyclopedia article about rupee
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