What happened in 1992
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6 December – Members of the Vishva Hindu Parishad (VHP, World Hindu Council) tear down a 16th-century mosque located in Ayodhya, in Northern India. ... Indian Rupee exchange rate collapsed. It was 20 Rs to 1 dollar in January 1992 and it became 30 Rs to 1 dollar in December 1992. A huge 50% depreciation in value.
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