India secretly airlifted gold in 1991 to avert default
In July 1991, India secretly airlifted 46.91 tonnes of gold from RBI vaults in Mumbai to London, pledging it to raise $405 million in emergency loans. The operation, involving the Bank of…
In July 1991, India secretly airlifted 46.91 tonnes of gold from RBI vaults in Mumbai to London, pledging it to raise $405 million in emergency loans. The operation, involving the Bank of…