(US$ Million)

Merchant

Inter-bank

FCY/INR

FCY/FCY

FCY / INR

FCY/FCY

Spot

Forward

Forward
Cancel-
lation

Spot

Forward

Forward
Cancel-
lation

Spot

Swap

Forward

Spot

Swap

Forward

Position Date

1

2

3

4

5

6

7

8

9

10

11

12

13

Purchases

Feb.

22, 1999

343

135

191

57

49

33

385

886

104

491

228

55

Feb.

23, 1999

277

63

84

48

52

38

450

857

515

782

271

30

Feb.

24, 1999

397

124

84

22

44

32

608

1,021

193

426

329

31

Feb.

25, 1999+

Feb.

26, 1999+

Sales

Feb.

22, 1999

408

357

38

22

47

40

434

863

171

514

237

69

Feb.

23, 1999

260

179

17

25

50

39

482

968

398

817

280

25

Feb.

24, 1999

395

203

62

17

45

34

652

1,076

168

450

351

26

Feb.

25, 1999+

Feb.

26, 1999+

FCY : Foreign Currency

INR : Indian Rupees.

Note :

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

+ :

These rates were not received on account of banks' strike.