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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
The country’s government is looking to cut its disinvestment and asset monetization goals by 40% — or to less than 300 billion rupees ($3.47 billion) from 500 billion rupees — for the financial year 2024 to 2025, The Economic Times reported, citing people familiar with the discussion.
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Amala Balakrishner, CNBC, 23 Jan. 2025
There’d be no salary for the first year, and the successful applicant would have to pay the company 200,000 Indian rupees (about $2,400) for the privilege of the role.
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Esha Mitra, CNN, 21 Nov. 2024
India, which is grappling with currency challenges as the rupee declines, saw its 10-year bond yield experience its biggest single-session rise in over a month on Monday, nearing a two-month high of 6.846%.
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Vinamrata Chaturvedi, Quartz, 14 Jan. 2025
Should India choose to cut rates to stimulate growth — which would weaken the rupee — the RBI is well equipped to deal with a potential sudden outflow of foreign funds and any steep fall in the rupee.
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Lim Hui Jie, CNBC, 9 Jan. 2025
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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 6 Feb. 2025.
More from Merriam-Webster on rupee
Nglish: Translation of rupee for Spanish Speakers
Britannica.com: Encyclopedia article about rupee
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