The spelling of the word "Ree" can be misleading at times, as it is pronounced differently from what one might expect. In IPA phonetic transcription, the word is pronounced as [riː]. This means that the sound "ee" is pronounced as a long vowel sound /iː/. It is important to pay attention to the correct pronunciation of words to avoid miscommunication, especially in situations where the context is important.
A Portuguese copper coin, equal in value to about one-sixteenth of an English penny.
Etymological and pronouncing dictionary of the English language. By Stormonth, James, Phelp, P. H. Published 1874.