19. Turnover in Foreign Exchange Market

RbiAnnouncementWeb

Date: May 04, 2002


(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

Mar.	25, 2002+

Mar.	26, 2002	684	133	208	12	27	9	949	1288	40	256	297	9

Mar.	27, 2002	650	157	172	9	21	9	910	2113	131	238	280	32

Mar.	28, 2002	713	133	86	19	21	18	692	1821	200	166	135	20

Mar.	29, 2002+

Sales

Mar.	25, 2002+

Mar.	26, 2002	573	330	97	16	24	12	1233	1474	70	264	290	17

Mar.	27, 2002	583	320	106	9	19	14	813	2355	156	276	251	32

Mar.	28, 2002	623	221	69	19	21	27	759	2293	138	185	140	20

Mar.	29, 2002+

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