(US$ Million)

Merchant

Inter-bank

FCY/INR

FCY/FCY

FCY/ INR

FCY/FCY

Position Date

Spot

Forward

Forward
Cancel-
lation

Spot

Forward
Cancel-
lation

Spot

Swap

Forward

Spot

Swap

Forward

1

2

3

4

5

6

7

8

9

10

11

12

13

Purchases

Feb. 8, 1999

258

59

35

23

18

26

399

594

77

498

153

26

Feb. 9, 1999

242

55

22

16

31

86

342

490

56

356

190

27

Feb.10,1999

219

51

33

16

34

37

423

604

100

407

129

59

Feb.11,1999

198

68

31

21

33

26

285

692

141

342

100

78

Feb.12,1999

214

54

27

25

35

37

291

494

89

482

139

24

Sales

Feb. 8, 1999

284

52

24

20

27

38

405

560

69

510

167

26

Feb. 9, 1999

345

68

22

15

34

29

315

515

68

437

148

27

Feb.10,1999

202

87

21

11

36

37

437

519

96

438

161

63

Feb.11,1999

207

52

7

10

34

26

287

666

133

384

138

80

Feb.12,1999

245

59

7

18

35

38

315

434

82

491

310

23

FCY : Foreign Currency INR : Indian Rupees.

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