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Rupees in sentence

71 examples of Rupees in a sentence

If a widget cost a dollar to make a year ago in the US, and cost 63 rupees to make in India, the Indian producer would have been competitive with the US because the dollar was worth 63 rupees.
But if inflation in India is 5% and zero in the US, it will cost the Indian manufacturer 66.2 rupees to make it today – and still just a dollar for American competitors.
Our rules now encourage investors in infrastructure and other projects with limited foreign earnings to issue Masala bonds (whereby Indian companies can borrow abroad in rupees), or to borrow long term, thereby limiting their risk when the exchange rate moves against them.
An investigative journalist at The Tribune newspaper was able to purchase five million ID numbers for a mere 500 rupees ($8).
For that, dollars are converted into rupees, which are used to buy shares.
The aim is not to hold rupees but to make money and eventually re-convert to dollars.
His analysis shows that if, for example, the Indian state of Rajasthan were to copy other states and waive formal loans for land holders with less than two hectares, this would cost 117.4 billion rupees ($1.7 billion).
Official statistics use an average daily income of 32 rupees ($0.57) a day to separate the merely poor from the desperately impoverished.
In the fiscal year ending in March 2002 the government budgeted 731.4 billion rupees (US$15.2) for defense, up 12% from the previous fiscal year.
The first, the Food Security Act, grants 67% of India’s population a right to 35 kilograms of rice or wheat for three rupees (less than five US cents) per kilo.
Andhra Pradesh officials charged that PMFIs, which had lent around 80 billion rupees (nearly $2 billion) in the state, levy “usurious” interest rates (24-30% per year) to sustain their promoters’ extravagant salaries and profits.
Selling five-rupee sachets of shampoo to poor consumers is considered clever marketing, but lending 5,000 rupees to a starving peasant at high interest rates is viewed as exploitative.
The Rupee’s Wake-Up CallPRINCETON – The Indian rupee has weakened rapidly in recent months, with the exchange rate against the US dollar dropping by 11%, to around 60 rupees, since early May.
This could indicate that big traders expect a correction in the rupee’s exchange rate, at which point they plan to sell the dollars that they are now accumulating for a larger sum of rupees.
Her husband earns 80-90 rupees ($1.90 or €1.40) a day.
“If I have to spend 150-200 rupees on medicine,” she asks, “what will I eat and feed my children with?”Dulu’s story is heartbreaking – and heartbreakingly common – in the developing world: three billion people survive on diets that lack micronutrients like vitamin A and Zinc, and are at increased risk of illness from common infections like diarrheal disease, which kills nearly two million children annually.
With the costs of mismanagement passed on in the form of price increases, the debt held by private power producers and the government stands at over one trillion rupees ($8.2 billion).
To bring India up to speed, Modi’s government announced in August a national digital initiative: 1.13 trillion rupees ($19 billion) in investment to bring broadband communications to 250,000 villages, provide universal mobile access, expand online government services, and enable online delivery of all sorts of basic services.
Indians without the space or money to buy a whole bottle of shampoo for 100 rupees could spend five for a sachet that they’d use once or twice.
Late last year, India’s government unveiled a handheld computer that will cost only 2,250 rupees (about $40).
Since India gained independence 58 years ago, billions of rupees have been doled out in numerous educational policies, but general primary education remains abysmal.
Exemptions from excise taxes are numerous and complex, including businesses with total annual revenues of less than 10 million rupees and firms located in certain troubled or backward areas.
Trade with Iran can easily be denominated in euros, renminbi, rupees, and rubles, avoiding US banks.
The cult of Modi is now buttressed by larger-than-life imagery, hundreds of thousands of social-media warriors, an intimidated “mainstream” media, ubiquitous cameramen, and a slick publicity machinery that was switched on 24/7, all lubricated by 5,600 crore rupees ($750 million) of taxpayer funds relentlessly promoting his every move.
Higher unemployment is partly a result of Modi’s egregious decision in 2016 to demonetize India’s highest-denomination bank notes of 500 and 1,000 rupees (about $7 and $14 respectively).
For example, if Libra becomes popular, people will exchange their national currencies – dollars, euros, renminbi, and rupees – for the new digital coin in order to buy and sell the many products that will be priced in it.
In the story – which I translated into English and included in my book An Economist’s Miscellany – the desperate Shibram asks an old school friend, Harsha, to lend him 500 rupees ($7) on a Wednesday, to be repaid the following Saturday.
But Shibram squanders the money, so on Saturday, he has little choice but to ask another school friend, Gobar, for a loan of 500 rupees, to be repaid the next Wednesday.
After a moment of anxiety, he has an idea: every Wednesday, he suggests, Harsha should give Gobar 500 rupees, and every Saturday, Gobar should give the same amount to Harsha.
But it turned out to offer a grand total of 6,000 rupees (roughly $84) per year – just 500 rupees a month – to a segment of society whose members have been committing suicide in record numbers.
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