India

February 11: the day in 4 charts

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February 8: the day in 4 charts

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Kate Allen

The rupee is tumbling once more – and for those with long memories, this all looks rather familiar.

In 1991 investors deserted India as turbulence descended: prime minister Rajiv Gandhi was assassinated and what’s now known as the Balance of Payments Crisis gripped the country.

The episode was enough to put a serious dent in the country’s booming economic growth.

India GDP

What caused it? Read more