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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.
—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.
—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%.
—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.
—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 1 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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