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

Other Historical Dates and Events
4/22/1930	Revolutionary Surjya Sen's many associates were killed and Surjya Sen ""Masterda"" himself went underground, on Jalalabad Hill and started extending his activities to neighbouring districts.
2/18/1992	47 die in Tamil Nadu's Kumbakonam Mahamakham stampede.
9/17/1899	First British troops leave Bombay for South Africa.
1/16/1681	Sambhaji was crowned as the successor of Chhatrapati Shivaji Maharaj in a function held at Raigad Fort.
8/4/1997	Nilesh Kulkarni becomes the first Indian to take a wicket with his first ball in Test Cricket (Colombo).
2/11/1933	First edition of weekly ""Harijan"" edited by Mahatma Gandhi was published from Pune in English and Hindi.
2/6/1966	Madurai Kamraj University established.
2/10/1859	General Horsford defeats Begum of Oude & Nana Sahib in Indian mutiny.
10/28/1997	Gold import placed under Open General Licence.
9/25/1962	Rajiv Ramesh Kulkarni, cricketer (Indian Test pace bowler 1986-87), was born in Bombay.

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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\%.