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Tag: manmohan singh rupee devaluation

When Manmohan Singh Wrote Cheque For Gains Accruing From Rupee Devaluation

Posted on December 27, 2024 By admin
When Manmohan Singh Wrote Cheque For Gains Accruing From Rupee Devaluation

New Delhi: He held an overseas bank account that had his earnings from working abroad. The value of his savings, in rupee terms, went up following the July 1991 decision of the government to devalue the Indian currency. Instead of pocketing the gains, Manmohan Singh, who was the finance minister in the PV Narasimha Rao…

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