17c. Turnover in Foreign Exchange Market

RbiAnnouncementWeb

Date: July 22, 2000


(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-
Position Date				lation			lation

	1	2	3	4	5	6	7	8	9	10	11	12	13

Purchases

Jul.	3, 2000	359	91	17	14	47	30	439	911	150	449	178	46

Jul.	4, 2000	240	40	5	9	16	14	362	478	102	251	192	10

Jul.	5, 2000	219	44	7	16	19	18	368	824	126	484	301	44

Jul.	6, 2000	257	66	15	15	16	14	749	771	152	397	78	14

Jul.	7, 2000	265	36	12	14	46	22	621	636	75	471	453	11

Sales

Jul.	3, 2000	339	156	35	15	46	28	454	758	117	487	179	46

Jul.	4, 2000	156	91	12	9	13	10	390	432	99	273	196	10

Jul.	5, 2000	292	46	6	20	15	18	375	643	111	478	308	46

Jul.	6, 2000	294	89	18	15	20	19	680	799	145	414	91	11

Jul.	7, 2000	258	179	8	16	43	22	515	671	101	500	459	10

FCY : Foreign Currency INR : Indian Rupees.
Note : Data relate to sales and purchases of foreign exchange on account of merchant and inter-bank transactions.