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rupee

noun

the basic monetary unit of India, Mauritius, Nepal, Pakistan, Seychelles, and Sri Lanka see Money Table

Example Sentences

Recent Examples on the Web In seeking Khan’s ouster earlier this year, the opposition had accused him of economic mismanagement as inflation soars and the Pakistani rupee plummets in value. Munir Ahmed, BostonGlobe.com, 22 Aug. 2022 Besides, a weak Indian rupee and risky external accounts require local importers to hedge their currency exposures more than necessary, experts believe. Mimansa Verma, Quartz, 25 Aug. 2022 Khan's opposition has concluded that his policies exacerbated inflation and plummeted the value of the Pakistani rupee. Andrea Vacchiano, Fox News, 22 Aug. 2022 Meanwhile, the Pakistani rupee is down more than 15% since mid-April, when the administration of Prime Minister Shehbaz Sharif ousted Imran Khan’s government. Shefali Anand, WSJ, 19 July 2022 Just how did the wheels come off the Sri Lankan rupee and its economy? Steve H. Hanke, National Review, 14 July 2022 That's what happened when the value of Sri Lanka's rupee crashed against the dollar earlier this year. Julia Horowitz, CNN, 7 Aug. 2022 The rupee has descended 7 percent this year as foreign investors pulled out of India's equities. Harold Maass, The Week, 19 July 2022 Some analysts believe the worst isn’t over for the rupee. Shefali Anand, WSJ, 19 July 2022 See More

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

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