rupee

American  

[roo-pee, roo-pee] / ruˈpi, ˈru pi /

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 British  

/ 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)

---

Etymology

Origin of rupee

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

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.

From The Wall Street Journal

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.

From BBC

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

From The Wall Street Journal

The Indian rupee was trading higher versus the U.S. currency on Friday, helped by the dollar's struggles and the positive risk mood.

From Reuters

These measures include the removal of an artificial exchange rate for the rupee, which has fallen in value against the dollar by about a fifth since the start of the year.

From Reuters