(US$ Million)

Merchant

Inter-bank

FCY / INR

FCY / FCY

FCY / INR

FCY / FCY

Spot

Forward

Forward

Spot

Forward

Forward

Spot

Swap

Forward

Spot

Swap

Forward

Cancel-

Cancel-

PositionDate

lation

lation

1

2

3

4

5

6

7

8

9

10

11

12

13

Purchases

Jul.

12, 2004

594

225

46

22

100

61

1,095

994

63

714

241

5

Jul.

13, 2004

521

233

110

15

98

63

1,113

1,220

35

919

254

1

Jul.

14, 2004

475

316

179

35

75

93

1,475

1,415

204

715

322

3

Jul.

15, 2004

614

399

176

21

34

53

1,724

1,962

124

847

233

17

Jul.

16, 2004

795

403

80

14

53

92

1,450

1,554

89

569

156

10

Sales

Jul.

12, 2004

540

196

163

24

46

48

1,039

1,073

58

722

266

3

Jul.

13, 2004

540

218

106

20

59

69

1,089

1,208

43

912

219

2

Jul.

14, 2004

362

279

233

49

59

57

1,589

1,526

144

761

319

1

Jul.

15, 2004

548

295

401

35

23

78

1,598

2,103

127

916

236

12

Jul.

16, 2004

804

301

179

26

60

106

1,449

1,710

83

590

137

6