| 1- June-1998 | Finance Minister announced the Swadeshi budget. |
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| 1- June-1998 | Petrol price is raised by Re.1 per litre. |
| 7- June-1998 | India emerges World Bank's single largest borrower with cumulative loans of 44 billion dollars. |
| 9- June-1998 | The rupee plunges to an all-time low of Rs. 42.23/25 against the dollar. |