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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 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

10,758.50

3,332.00

(+)

7,426.50

(+)

32,611.30

(+)

7,426.50

(+)

32,611.30

(+)

311.00

May

2004

3,219.50

3,439.50

(-)

220.00

(-)

1,079.21

(+)

7,206.50

(+)

31,532.08

(+)

125.00

June

2004

969.50

1,382.95

(-)

413.45

(-)

1,948.58

(+)

6,793.05

(+)

29,583.50

(+)

115.00

July

2004

1,179.50

(-)

1,179.50

(-)

5,453.41

(+)

5,613.55

(+)

24,130.09

(+)

115.00

August

2004

5.00

880.50

(-)

875.50

(-)

4,061.51

(+)

4,738.05

(+)

20,068.58

(+)

110.00

September

2004

143.00

124.00

(+)

19.00

(+)

84.49

(+)

4,757.05

(+)

20,153.07

(+)

5.00

October

2004

5.00

104.00

(-)

99.00

(-)

456.97

(+)

4,658.05

(+)

19,696.10

 

November

2004

3,791.50

(+)

3,791.50

(+)

17,095.80

(+)

8,449.55

(+)

36,791.90

 

December

2004

1,501.50

108.22

(+)

1,393.28

(+)

6,219.31

(+)

9,842.83

(+)

43,011.21

 

January

2005

 

 

(+)

9,842.83

(+)

43,011.21

 

February

2005

4,974.00

(+)

4,974.00

(+)

21,764.65

(+)

14,816.83

(+)

64,775.86

 

March

2005

6,030.00

(+)

6,030.00

(+)

26,329.31

(+)

20,846.83

(+)

91,105.17

 

 

Month

 

Foreign Currency (US $ Million)

 

Rs. equivalent

Cumulative

 

Outstanding Net

           

at contract rate

(over end - April 2005)

 

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

                     

2005-06

               

April

 

2005

 

                     

May

 

2005

 

June

2005

103.64

(-) 103.64

(-) 451.15

(-)103.64

(-)451.15

(+):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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