rupee

[roo-pee, roo-pee]

noun

1. a cupronickel coin and monetary unit of India, Nepal, and Pakistan, equal to 100 paise. R., Re.

2. a cupronickel coin and monetary unit of Mauritius, the Seychelles, and Sri Lanka, equal to 100 cents.

3. Also called rufiyaa. a coin and monetary unit of the Maldives, equal to 100 laris.

4. a former monetary unit of Bhutan, equal to 100 naye paise.

rupee

/ ruːˈpiː /

noun

1. the standard monetary unit of India, Nepal, and Pakistan (divided into 100 paise), Sri Lanka, Mauritius, and the Seychelles (divided into 100 cents)

Word History and Origins

Origin of rupee¹

First recorded in 1605–15, rupee is from the Hindi word rupayā

Word History and Origins

Origin of rupee¹

C17: from Hindi rupaīyā , from Sanskrit rūpya coined silver, from rūpa shape, beauty

Example Sentences

The South Korean appliance maker's India unit opened at 1,710.1 rupees on the National Stock Exchange -- compared with a 1,140 rupees issue price -- before paring some of the gains in early trading.

Read more on Barron's

Shares of LG Electronics India opened at 1,715 rupees on the first day of trading on the Bombay Stock Exchange, up 50% compared with its initial public offering price of 1,140 rupees.

Read more on The Wall Street Journal

It operates over 1,500 branches across India, with a total loan portfolio exceeding 2.33 trillion rupees, or $26.25 billion, exchange filings showed.

Read more on The Wall Street Journal

“Global energy prices have also been subdued, offsetting the spillover risks from a weak rupee, while precious metals continue to stay buoyant,” they said.

Read more on The Wall Street Journal

In response, he said it was "an unfair misinterpretation" and his father "returned every rupee earned from public service to the community".

Read more on BBC