19. Turnover in Foreign Exchange Market

RbiAnnouncementWeb

Date: September 29, 2001


(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

Sep.	3, 2001	214	46	1	11	9	4	289	741	45	233	84	4

Sep.	4, 2001	212	120	50	25	27	18	658	1461	39	457	87	10

Sep.	5, 2001	308	56	13	11	24	18	359	719	36	445	63	12

Sep.	6, 2001	253	120	18	9	14	12	419	1046	44	455	74	4

Sep.	7, 2001	251	106	14	5	10	6	960	1305	34	383	93	4

Sales

Sep.	3, 2001	205	65	14	11	10	9	254	527	15	240	77	5

Sep.	4, 2001	402	85	42	25	24	19	562	1251	59	458	99	9

Sep.	5, 2001	239	102	30	11	26	15	366	760	27	444	68	3

Sep.	6, 2001	276	112	29	9	16	13	380	1173	30	460	69	4

Sep.	7, 2001	279	139	31	5	10	5	891	1358	36	383	65	3

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