19. Turnover in Foreign Exchange Market

RbiAnnouncementWeb

Date: October 13, 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. 17, 2001	302	93	79		36	45	16	1605	1659	135	265	108	13

Sep. 18, 2001	234	88	79		14	15	8	1093	1739	96	359	92	3

Sep. 19, 2001	270	85	43		3	13	9	924	1796	58	252	81	5

Sep. 20, 2001	233	60	37		9	15	17	660	1587	47	232	89	10

Sep. 21, 2001	235	93	47		5	45	11	668	1367	54	337	87	25

Sales

Sep. 17, 2001	398	426	46		35	43	15	1325	1692	93	273	114	13

Sep. 18, 2001	321	212	49		12	17	10	960	1714	97	362	90	3

Sep. 19, 2001	299	212	42		3	9	9	770	2016	52	253	71	4

Sep. 20, 2001	205	183	31		10	14	16	573	1741	67	226	92	12

Sep. 21, 2001	240	135	45		5	53	12	564	1377	59	332	83	26

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