19. Turnover in Foreign Exchange Market

RbiAnnouncementWeb

Date: November 02, 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

Oct.	7, 2002	420	109	16		4	19			15		515	1138		57		356		213		4

Oct.	8, 2002	306	124	9		13	18			10		444	1218		26		493		140		5

Oct.	9, 2002	316	146	72		49	23			9		496	973		24		437		183		9

Oct.	10, 2002	358	153	21		5	42			18		468	1268		166		465		188		16

Oct.	11, 2002	372	139	28		15	89			6		475	675		52		327		311		4

Sales

Oct.	7, 2002	364	97	66		26	23			14		594	925		33		368		215		4

Oct.	8, 2002	276	89	49		33	17			8		474	1139		24		479		143		4

Oct.	9, 2002	343	134	51		16	66			16		529	857		29		429		165		10

Oct.	10, 2002	374	109	22		3	33			16		531	1072		93		479		188		15

Oct.	11, 2002	271	126	76		16	89			5		599	645		41		333		319		2

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