the indian rupee was devalued for the first time in 1975.
the indian rupee was devalued for the first time in 1975.
when was the indian rupee devalued for the first time?
1975
on 6 june 1966, india devalued the gulf rupee against the indian rupee. following the devaluation, several of the states still using the gulf rupee adopted their own currencies. kuwait had adopted the kuwaiti dinar in 1961, pegged to the indian rupee, which was still pegged to the pound stirling. bahrain created the bahraini dinar in 1965, at the rate of 1 dinar = 10 rupees. qatar and most of the trucial states (after 1971, united arab emirates) adopted the qatar and dubai riyal, which was equal to the gulf rupee prior to its devaluation, effectively the indian rupee value. abu dhabi used the bahraini dinar until 1973. oman continued to use the gulf rupee until 1970, with the government backing the currency at its old peg to the pound, when it adopted the omani rial.
gulf rupee
rupee (disambiguation)









































rupee is a variety of currency units used in several economies.









































rupee or rupia may also refer to:









































section::::actual currencies.









































bullet::::- indian rupee









































bullet::::- sri lankan rupee









































bullet::::- mauritian rupee









































bullet::::- nepalese rupee









































bullet::::- pakistani rupee









































bullet::::- seychellois rupee









































section::::former (obsolete) currencies.









































bullet::::- afghan rupee









































bullet::::- bhutanese rupee









































bullet::::- burmese rupee









































bullet::::- danish indian rupee









































bullet::::- east african rupee









































bullet::::- french indian rupee









































bullet::::- gulf rupee









































bullet::::- hyderabadi rupee









































bullet::::- italian somaliland rupia









































bullet::::- javan rupee









































bullet::::- portuguese indian rúpia









































bullet::::- travancore rupee









































bullet::::- zanzibari rupee









































section::::other uses.









































bullet::::- rupee (musician), a soca musician from barbados
rupee (disambiguation)