1- July-1991 | Rupee devalued by 8.5\%. |
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3- July-1991 | Rupee devalued again from 10.58 to 10.96\% . |
8- July-1991 | 25 tonnes of gold moved to London from India to raise $ 200 million loan. |
16- July-1991 | Railway budget hikes passenger fares by 15-20\% and freight up by 10\%. |
24- July-1991 | Union budget imposes all-round price hike. |