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48. Sale / Purchase of US Dollar by Reserve Bank of India

 

                           

Month

 

Foreign Currency (US $ Million)

   

Rs. equivalent

 

Cumulative

 

Outstanding Net

           

at contract rate

 

(over end - March 2003)

Forward Sales (–)/

   

Purchase

Sale

 

Net @

 

(Rs. crore)

       

Purchase (+)

   

(+)

(–)

 

(+/–)

   

(US $ Million)

(Rs. crore)

at the end of

                         

month

                       

(US $ Million)

                           

1

 

2

3

 

4

 

5

 

6

 

7

 

8

                           

2003-04

                         

April

2003

2942.50

1511.00

(+)

1431.50

(+)

6,826.51

(+)

1431.50

(+)

6,826.51

(+)

3281.00

May

2003

3978.00

1636.00

(+)

2342.00

(+)

11,094.17

(+)

3773.50

(+)

17,920.68

(+)

4186.00

June

2003

1878.50

982.08

(+)

896.42

(+)

4,316.24

(+)

4669.92

(+)

22,236.91

(+)

3866.00

July

2003

6095.50

2950.00

(+)

3145.50

(+)

14,744.74

(+)

7815.42

(+)

36,981.66

(+)

4549.00

August

2003

3711.50

1360.00

(+)

2351.50

(+)

11,059.05

(+)

10166.92

(+)

48,040.71

(+)

4803.00

September

2003

6574.00

4229.42

(+)

2344.58

(+)

11,235.91

(+)

12511.50

(+)

59,276.62

(+)

1412.00

October

2003

6821.00

5227.72

(+)

1593.28

(+)

7,130.87

(+)

14104.78

(+)

66,407.49

(+)

981.00

November

2003

4029.00

580.00

(+)

3449.00

(+)

15,669.64

(+)

17553.78

(+)

82,077.13

(+)

518.00

December

2003

3372.50

484.40

(+)

2888.10

(+)

13,218.67

(+)

20441.88

(+)

95,295.80

(+)

739.50

January

2004

4321.50

1028.00

(+)

3293.50

(+)

14,969.86

(+)

23735.38

(+)

1,10,265.66

(+)

1101.00

February

2004

5519.50

2163.00

(+)

3356.50

(+)

15,209.54

(+)

27091.88

(+)

1,25,475.20

(+)

763.00

March

2004

6170.50

2789.00

(+)

3381.50

(+)

15,335.24

(+)

30473.38

(+)

1,40,810.44

(+)

1392.00


Month

 

Foreign Currency (US $ Million)

   

Rs. equivalent

 

Cumulative

 

Outstanding Net

             

at contract rate

 

(over end - April 2004)

 

Forward Sales (–)/

     

Purchase

Sale

 

Net @

 

(Rs. crore)

       

Purchase (+)

     

(+)

(–)

 

(+/–)

   

(US $ Million)

(Rs. crore)

 

at the end of

                           

month

                         

(US $ Million)

                             

1

   

2

3

 

4

 

5

 

6

 

7

 

8

                             

2004-05

                         

April

 

2004

10758.50

3332.00

(+)

7426.50

(+)

32,611.30

(+)

7426.50

(+)

32,611.30

(+)

311.00

May

 

2004

3219.50

3439.50

(–)

220.00

(–)

1,079.21

(+)

7206.50

(+)

31,532.08

(+)

125.00

June

2004

969.50

1382.95

(–)

413.45

(–)

1,948.58

(+)

6793.05

(+)

29,583.50

(+)

115.00

July

 

2004

1179.50

(–)

1179.50

(–)

5,453.41

(+)

5613.55

(+)

24,130.09

(+)

115.00

                             
(+):Implies Purchase including purchase leg under swaps and outright forwards.
(–):Implies Sales including sale leg under swaps and outright forwards.
@:Includes transactions under Resurgent India Bonds (RIBs) and India Millenium Deposits (IMDs).
Note:This table is based on value dates.

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