(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-

PositionDate

lation

lation

1

2

3

4

5

6

7

8

9

10

11

12

13

Purchases

May 12, 2003

410

280

25

10

34

21

623

1527

108

324

208

12

May 13, 2003

376

231

71

16

16

26

573

1436

108

434

155

3

May 14, 2003

416

185

26

16

40

85

695

839

132

465

281

16

May 15, 2003 +

May 16, 2003 +

Sales

May 12, 2003

437

191

69

10

28

26

755

1722

72

391

227

10

May 13, 2003

415

158

29

15

20

26

586

1425

103

466

176

3

May 14, 2003

375

148

92

13

40

74

789

848

137

486

314

15

May 15, 2003 +

May 16, 2003 +

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.