Permanent historical factsheet

Rupee Devaluation

India · Government / Government of India. Chronological records rendered directly from the World History Database.

2Records
1966–1991Date range
2Named people
1Places

Chronological records

1966

Indira Nehru Gandhi6 June 1966

New Delhi · Government / Government of India

Indira Gandhi's government devalues the rupee as part of a broader response to severe balance-of-payments pressures.

1991

Narasimha RaoJuly 1991

New Delhi · Government / Government of India

India devalues the rupee in two stages as part of its response to the 1991 balance-of-payments crisis.

Names involved

Indira Nehru GandhiNarasimha Rao

Provenance

This factsheet is generated from stored World History Database records matching the country, broad category, detailed category and exact Event value shown above. Duplicate display records are collapsed; database wording is otherwise preserved. Source provenance varies by record, so formal academic citation should be checked against the relevant primary source, archive or specialist historical reference.