Rupee

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Rupee

1. The currency of India. Prior to the independence of India, there were various Indian rupees and other currencies in circulation, many issued by different colonial powers. The modern rupee is descended from the rupee issued by the British. It was pegged to gold for much of its history, finally floating after the end of the Bretton Woods System in 1971.

2. The name of several now defunct currencies in South Asia and the Middle East. Examples include the Bhutanese rupee and the Gulf rupee.
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References in periodicals archive ?
Revenues grew 8.0 percent to 2.29 billion rupees in the quarter.
An official in Islamabad said out of a total allocation of Rs 156 billion for National Highway Authority's road infrastructure programme rupee 118 billion have been earmarked for ongoing road infrastructure projects.
He said one hundred and eight billion rupees has been allocated for the Annual Development Programme which is a record.
The roaring dirham has been gaining against Indian rupee as well, surging to all-time high of 18.80 on Thursday.
It has also set aside five billion rupees for senior officers performance allowance, details of which would be announced separately.
"Our unique new Indian rupee options contracts will provide our members with more flexibility to hedge risk and trade in the Indian rupee in a transparent, regulated and cleared trading environment," said Hasham.
Other foreign missions of the country which consume a significant amount of their annual expenditures include: London (281 million rupees), New Delhi (237 million rupees), Abu Dhabi (100 million rupees), Berlin (175 rupees) and Geneva (244 million rupees).
Aitken Spence closed at 1,800.00 rupees, up 100.00, Hayleys closed at 305.00 rupees, up 25 cents, Hemas Holdings closed at 38.00 rupees, up 1.00 with 2.1 million shares traded and John Keells Holdings, an index heavy stock closed at 234.50 rupees, up 4.50.
Presenting the budget in Provincial Assembly in Peshawar this evening, Finance Minister Taimur Saleem Jhagra said the total revenue has been estimated at nine hundred billion rupees against the estimated expenditure of eight hundred and fifty-five billion rupees thus showing a surplus amount of forty-five billion rupees.
'50.50 billion rupees has been authorized in Public Sector Development Program in which 29 billion rupees has been spent on various development projects.' Finance Minister Zahoor Buledi said on Saturday in a statement.
ISLAMABAD -- The government has released over thirty seven (37.6) billion rupees under its Public Sector Development Programme (PSDP) for various ongoing and new schemes out of total allocation of 675 billion rupees.
ISLAMABAD -- Principal government departments of federal Capital have been found defaulters on payment of millions of rupees electricity bills of Islamabad Electric Supply Company (IESCO).