What's the difference between currency and rupee?

Currency


Definition:

  • (n.) A continued or uninterrupted course or flow like that of a stream; as, the currency of time.
  • (n.) The state or quality of being current; general acceptance or reception; a passing from person to person, or from hand to hand; circulation; as, a report has had a long or general currency; the currency of bank notes.
  • (n.) That which is in circulation, or is given and taken as having or representing value; as, the currency of a country; a specie currency; esp., government or bank notes circulating as a substitute for metallic money.
  • (n.) Fluency; readiness of utterance.
  • (n.) Current value; general estimation; the rate at which anything is generally valued.

Example Sentences:

  • (1) For a union that, in less than 25 years, has had to cope with the end of the cold war, the expansion from 12 to 28 members, the struggle to create a single currency and, most recently, the eurozone crisis, such a claim risks accusations of hyperbole.
  • (2) Silvio Berlusconi's government is battling to stay in the eurozone against mounting odds – not least the country's mountain of state debt, which is the largest in the single currency area.
  • (3) Because while some of these alt-currencies show promise, many aren't worth the paper they're not printed on.
  • (4) Gavin Andresen, formerly the chief scientist at the currency’s guiding body, the Bitcoin Foundation, had been the most important backer of the man who would be Satoshi.
  • (5) • Criminal sanctions should be introduced for anyone who attempts to manipulate Libor by amending the Financial Services and Market Act to allow the FSA to prosecute manipulation of the rate • The new body that oversees the administration of Libor, replacing the BBA, should introduce a "code of conduct" that requires submissions to be corroborated by trade data • Libor is set by a panel of banks asked the price at which they expect to borrow over 15 periods, from overnight to 12 months, in 10 currencies.
  • (6) That was what the earlier debate over “currency wars” – when emerging markets complained about being inundated by financial inflows from the US – was all about.
  • (7) The initial impact was felt on the local currency market where a shortage of foreign exchange caused a looming crisis.
  • (8) Single-currency membership has no bearing on the foreign policy post.
  • (9) By easing these huge flows of hundreds of billions across borders, the single currency played a material role in causing the continent's crisis.
  • (10) This deal also promotes the separation of the single market and single currency – a British objective for many years that would have been unthinkable in the Maastricht era.
  • (11) Investors recognised the true horror of Europe’s toxic bank debts, and the restrictions imposed by the single currency.
  • (12) But he added: “It’s also true that extremely low oil prices, adverse changes in currency rates, and a further decline in power prices are having a significant effect on our business.” Tony Cocker, the chief executive of E.ON UK, said milder weather and improved energy efficiency in British homes were behind the fall in power use, hitting sales.
  • (13) It announced that it would phase out the dual currency system.
  • (14) It is one of six banks involved in talks with the Financial Conduct Authority over alleged rigging in currency markets and Ross McEwan, marking a year as RBS boss, also pointed to a string of other risks in a third quarter trading update.
  • (15) Spain was the worst hit of the currency bloc's major economies with a 0.8% drop in industrial production.
  • (16) But Frank argues the disastrous attempt at curbing markets through currency reform in 2009 has shown the cost of turning back from change.
  • (17) The survey also found that Osborne's currency union veto made 30% more likely to vote no with only 13% more inclined to vote yes.
  • (18) Eurozone leaders ooze confidence that Greece’s financial collapse could be easily weathered by the rest of the currency bloc.
  • (19) But persistent falls in the currency’s value during December towards the previous low point has increased the cost of imported goods and forced businesses to say that price rises are in the pipeline.
  • (20) Updated at 2.48pm GMT 1.42pm GMT Another question riffing off Britain's EU referendum - how will Europe draw up new structures such as co-ordinated banking supervision when some members of the EU are refusing to ever join the single currency?

Rupee


Definition:

  • (n.) A silver coin, and money of account, in the East Indies.

Example Sentences:

  • (1) On the upside, this year's monsoon will lead to bumper agricultural production, and the cheaper rupee also comes with a thick silver lining.
  • (2) Bond, rupee and share prices rose last week after exit polls predicted a strong BJP performance.
  • (3) Sitting on his stony porch, Rao asserts that he is not being romantic about the benefits of agriculture: “Here we earn more than 120,000 rupees [£1,170] a year, and our cost of living is one-fifth that of a city’s.
  • (4) Muchhal, a professional singer who has worked on major Bollywood hits, has raised more than 37m rupees (£400,000) to save the lives of more than 550 children with heart ailments.
  • (5) According to the Indian Tea Association, all workers in the main Brahmaputra valley estates receive a basic cash wage of 89 rupees (£1) a day – a little over half the minimum legal wage.
  • (6) Sometimes they come even though they know someone in the same area, just down the street, has been shot.” She attributes this to a “continuous engagement with the workers and constant direction with local government officials”, while others at the centre point out that even though the money the workers receive is only 500 rupees (about £3) a day, for impoverished inhabitants of Karachi, it is too good a wage to pass up – whatever the risk.
  • (7) It sells for 140 rupees a kilogram at auction in Assam, but according to a joint report by Oxfam and the Ethical Tea Partnership , workers there are paid at rates equivalent to just 40% of the average Indian wage.
  • (8) Porters, rickshaw drivers, nurses, patients, students, bureaucrats, doctors and itinerant holy men all stand to eat their heavily subsidised meals, priced at no more than 5 rupees (5p) and eaten at ferocious speed with fingers from tin plates.
  • (9) The government announced a 50m-rupee (£300,000) bounty on his head; the following year, the US priced him at $5m (£3.1m).
  • (10) The most recent figures released by the Reserve Bank of India show that about 12.6tn rupees have been deposited since the rupee recall was announced, far more than the Modi government had predicted, indicating that it may have underestimated the amount of untaxed wealth being hoarded by citizens.
  • (11) In the past, established banks have shown reluctance to expand their countryside operations when their current rural branches are already hit by high costs, poor connectivity and low savings in areas where the average per capita income is around 16,000 rupees, compared with 44,000 rupees in urban areas .
  • (12) The informality with which the boys are selling property worth millions of rupees makes the flats sound like cheap, dispensable goods.
  • (13) We have espoused unpopular causes, stood up for those too feeble to stand up for themselves, locked horns with the high and mighty so swollen with power that they have forgotten their roots, exposed corruption and the waste of your hard-earned tax rupees, and made sure that whatever the propaganda of the day, you were allowed to hear a contrary view.
  • (14) In the urban slums of Mandawali, eastern Delhi, her mother scratches out a living as a 'presswoman', earning up to three rupees for each item of clothing she neatly irons.
  • (15) The state government has already announced compensation packages of 200,000 rupees for the families of the women who died and 50,000 rupees for those hospitalised.
  • (16) Off the standard tourist trail is Purana Qila, Delhi’s oldest Mughal monument, where 100 rupees will buy you half-an-hour’s pedalo ride on a beautiful boating lake in the shadow of the citadel’s walls.
  • (17) According to the department of foreign employment, more than 200 agencies have been punished since mid-February, with suspensions and fines of up to 200,000 rupees (£1,250).
  • (18) The unsophisticated will imagine this works crudely, with Cameron pulling out his notepad and taking dictation from Uncle Rupe.
  • (19) None of the mothers will admit that they took money in exchange for their children, but activists working in the villages say that a price of between 1,000 rupees and 3,000 rupees is the norm.
  • (20) "My employer's wife used to taunt me by saying: 'I've bought you for 30,000 rupees, so do as I say,'" she says.

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