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Historical Event on 7/1/1991
Rupee devalued by 8.5\%.

Other Historical Dates and Events
7/31/1993	Transport operators begin nation-wide strike.
3/9/1990	Lalu Prasad Yadav to form JD Ministry in Bihar.
9/22/1937	The last contingent of Indian freedom fighters was send to Andaman & Nicobar Islands.
12/10/1999	Pranab Mukherjee and Jaipal Reddy are chosen outstanding parliamentarians for 1997 and 1998 respectively.
4/5/1663	Chhatrapati Shivaji Maharaj attacked Shahistekhan at Pune.
10/15/1676	King of England permitted the East India Company to mint the Rupee and Paisa coins at Bombay.
11/15/1998	Naresh & Girdhari Lal Yadav win the National Enterprise sailing championship in Mumbai.
8/27/1918	Nemichandra Jain, stage critic, was born.
4/19/1997	I.K. Gujral, External Affairs Minister, chosen leader of United Front in place of Deve Gowda.
7/15/1991	Jagannathrao Joshi, veteran leader of Janata Party `Karnataka Kesri', died.

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Historical Event on 7/1/1991 Rupee devalued by 8.5\%.

Historical Event on 7/1/1991
Rupee devalued by 8.5\%.