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 central bank is also unlikely to hold off on cuts to support the rupee, which has been depreciating against the U.S. dollar, said Shilan Shah of Capital Economics.

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On Saturday police in the southern city of Bengaluru said they had cracked the case and recovered 57.6m rupees of the money stolen three days earlier.

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In FX markets, eyes will be on any moves by the central bank to steady the rupee.

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The appreciation of the markets in the quarter led it to book 35.2 billion euros despite the depreciation of the U.S. dollar and the Indian rupee having a negative impact on its assets.

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Months later he return to his home region as a member of the British expedition, paid a daily pittance of just a few Nepali rupee coins.

Read more on Barron's