ClimateAugust 9, 2026

paise

PIE-say

Definition

A monetary unit of India equal to one-hundredth of a rupee, often used in financial news to denote small fluctuations in currency exchange rates.

Etymology

Derived from the Hindi word 'paisa', which ultimately traces back to the Sanskrit 'pad', meaning a foot or a quarter, reflecting its historical use as a fractional currency unit.

In the news

In this article, the term is used to quantify the rupee's daily fluctuations against the US dollar, such as when it surged by 31 paise in a single trading session.

Rupee Posts Weekly Gain as Oil Falls, RBI Support Steadies FX

Read the full article ↗

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