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

Other Historical Dates and Events
4/13/1984	India beat Pak by 58 runs to win the first Cricket Asia Cup in Sharjah.
9/11/1985	Sri Lanka score their first Test victory by 149 runs against India.
11/14/1681	East India Company declared Bengal as a seperate presidency.
1/12/1934	Surya Sen (Master Da), revolutionary leader of the Indian Republican Army, who attacked the armoury of Chittagong with 62 men of the Indian Republican Army, was hanged at Chittgong Jail by the Britishers.
7/17/1992	Lok Sabha rejects no-trust motion.
11/20/1859	Elfinstone, Governor of Bombay Province and historian, passed away.
6/1/1930	First Indian luxurious fast train 'Deccan Queen' started from Victoria Terminus (CST) to Pune.
3/3/1967	India signed the International Space Treaty in Moscow.
4/15/1883	Narhar Raghunath Phatak, famous journalist and historian, was born.
4/12/1987	V. P. Singh resigns as Defence Minister of India, K. C. Pant appointed in his place.

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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\%.