(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

May

31, 1999

196

44

34

14

17

15

497

517

80

136

66

15

Jun.

1, 1999

132

52

30

18

17

6

466

632

92

236

165

17

Jun.

2, 1999

167

50

39

22

35

9

390

490

22

312

156

20

Jun.

3, 1999

234

44

31

35

21

18

367

483

59

365

118

36

Jun.

4, 1999

186

50

18

43

12

35

381

641

52

270

112

23

Sales

May

31, 1999

184

103

17

9

28

11

509

416

77

151

54

12

Jun.

1, 1999

171

67

4

8

16

3

455

623

84

235

162

14

Jun.

2, 1999

221

68

12

8

27

12

355

455

34

329

142

13

Jun.

3, 1999

233

89

6

11

18

17

376

511

42

367

149

28

Jun.

4, 1999

249

37

20

16

10

10

452

446

64

285

117

21

FCY : Foreign Currency

INR : Indian Rupees.

Note : Data relate to sales and purchases of foreign exchange on account of merchant and inter-bank transactions.