rupee

noun

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 Estimates put the daily cost of running the carrier at 200 million Indian rupees ($2.4 million) to run each day. Lionel Lim, Fortune Asia, 28 Feb. 2024 The group controlled by billionaire Gautam Adani will invest more than 30 billion rupees ($362 million) to manufacture ammunitions and missiles, Adani Defence and Aerospace announced on Monday. Yessar Rosendar, Forbes, 26 Feb. 2024 As a first step, on July 11, 2022, India's central bank - the Reserve Bank of India (RBI) - allowed importers to pay with rupees and exporters be paid in rupee. Gaurav Sharma, Forbes, 19 Feb. 2024 Paytm stock is now trading at just 487 rupees (around $6) a share. Diksha Madhok, CNN, 2 Feb. 2024 Nandan Nilekani, cofounder and chairman of tech giant Infosys, donated 3.2 billion rupees ($38 million) to his alma mater IIT Bombay in June. Forbes Press Releases, Forbes, 29 Nov. 2023 By decreasing its fossil fuel imports and powering the subcontinent with its own renewable energy, India naturally strengthens its currency, the rupee, against the US dollar, Dus said. Dipka Bhambhani, Forbes, 11 Dec. 2023 In Darbhanga, a new acid-battery rickshaw, like the one Mr. Rai drives, sells for around 175,000 rupees, or $2,100. Clifford Krauss, New York Times, 9 Dec. 2023 The program, which started in 2019, is pouring more than 100 billion rupees (about $1.2 billion) into subsidizing EVs for consumers and setting up thousands of EV charging stations across the country. Michelle Toh, CNN, 22 Aug. 2023

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'rupee.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

Etymology

Hindi & Urdu rūpaiyā, from Sanskrit rūpya coined silver

First Known Use

1610, in the meaning defined above

Time Traveler
The first known use of rupee was in 1610

Dictionary Entries Near rupee

Cite this Entry

“Rupee.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/rupee. Accessed 28 Mar. 2024.

Kids Definition

rupee

noun
1
: the basic unit of money of any of several countries (as of India and Pakistan)
2
: a coin representing one rupee
Etymology

from a word in Hindi and Urdu (the main language of Pakistan) rūpaiyā "a unit of money"

More from Merriam-Webster on rupee

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