(US$ million)

Year/ Month 

Purch­
ase Sales

Merchant

Inter-bank

Grand
total
(8+15)

FCY/INR

FCY / FCY

Total
(2 to 7)

FCY/INR

FCY / FCY

Total
(9 to 14)

Spot

For ward

Forward cancell­ation

Spot

For ward

Forward cancell­ation

Spot

Swap

For ward

Spot

Swap

For ward

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

2007-08

Apr

P

35975.6

21288.0

7987.4

20255.2

14299.2

11101.2

110906.5

83689.1

106569.7

6394.2

76295.8

26812.9

4711.4

304473.1

415379.6

S

34126.5

16702.7

11460.2

20751.9

13099.6

12279.5

108420.4

84852.1

110284.8

8181.2

75268.1

27846.1

4634.1

311066.3

419486.7

May

P

37690.0

18254.5

9832.9

22081.6

12947.3

12318.3

113124.6

74716.3

102726.8

7334.0

77393.5

27520.1

3319.1

293009.8

406134.4

S

33350.9

16495.7

8759.4

21776.3

12317.8

13080.2

105780.3

78983.3

100740.8

8755.4

76999.4

26592.6

3001.5

295073.0

400853.2

Jun

P

41134.3

13110.5

10335.7

26377.9

17182.1

24091.7

132232.3

74059.9

110394.7

8465.5

93074.3

30365.3

3912.6

320272.3

452504.6

S

34221.2

16841.1

8363.7

25443.2

16542.9

25214.2

126626.3

77103.8

105142.2

12732.9

91785.0

30200.2

4059.7

321023.7

447650.1

Jul

P

47938.4

15278.5

9764.0

23971.1

19887.0

22650.5

139489.5

84096.5

117397.6

10934.9

100595.2

32582.9

7595.9

353202.9

492692.4

S

36479.2

20562.5

8822.8

22878.1

18638.5

24344.2

131725.3

96028.1

114614.1

14061.7

99281.0

32035.9

7673.1

363693.9

495419.1

Aug

P

40756.6

23236.0

14462.1

26016.4

30321.0

32715.5

167507.7

86702.9

109205.0

11244.6

114283.6

36944.6

7830.3

366211.0

533718.7

S

40009.3

29849.5

10435.5

24941.5

29188.8

34267.1

168691.7

88007.3

111030.6

18252.8

112444.1

38186.4

8159.3

376080.5

544772.2

Sep

P

46433.0

18453.1

13445.2

17343.7

25127.2

22594.3

143396.4

87651.6

124166.1

11717.5

99911.6

33379.9

3755.1

360581.9

503978.4

S

34599.4

20901.0

10666.2

17218.4

24094.1

23740.9

131219.9

103296.3

121222.0

15363.1

98119.5

32666.8

4103.6

374771.3

505991.2

Oct

P

64884.2

29145.4

13159.0

26219.5

27632.7

26662.3

187703.1

107900.5

155520.5

11118.7

108612.0

43469.9

3364.9

429986.5

617689.6

S

53100.2

27493.6

14452.7

21063.7

26149.8

28784.3

171044.4

117130.7

154594.4

15545.8

108128.2

43537.0

4072.0

443008.1

614052.6

Nov

P

52880.0

23473.8

9792.1

18098.3

25024.9

22207.2

151476.4

78036.5

102908.2

10647.1

94765.8

39467.0

6625.2

332449.7

483926.1

S

55314.3

23318.2

8627.1

16661.8

22176.1

24374.4

150471.9

82974.1

106854.8

14465.3

94663.2

37012.0

6603.3

342572.7

493044.5

Dec

P

68071.2

18391.4

9157.4

13032.3

22312.9

21650.8

152615.8

70817.2

94331.2

8846.4

77263.6

38733.2

8840.1

298831.8

451447.6

S

58377.1

25389.0

7952.3

13700.7

20762.7

23853.6

150035.4

70269.8

94915.3

10763.5

76171.1

39583.6

9239.4

300942.7

450978.1

Jan

P

69264.7

34526.4

14399.5

20164.5

30090.2

29813.7

198259.0

111620.5

133872.0

15215.8

119592.8

48005.6

9684.7

437991.3

636250.3

S

63419.6

36567.7

12102.9

19818.1

28629.4

31318.8

191856.5

119977.4

134579.9

21413.0

116904.0

48582.4

10089.7

451546.5

643403.0

Feb

P

54097.8

27122.4

16055.5

16248.0

30327.1

23710.9

167561.5

98869.2

170807.2

12977.3

104611.1

49853.5

5370.2

442488.5

610050.0

S

54608.1

30603.2

10929.6

16934.6

29780.2

24869.4

167725.1

96468.3

171123.7

15300.4

102134.0

50138.0

5765.4

440929.7

608654.8

Mar

P

51205.5

24644.5

15824.6

12846.9

22646.8

20029.8

147198.0

100258.7

137651.5

15101.9

96292.2

39804.8

4092.3

393201.3

540399.4

S

47946.2

31111.7

13411.6

12226.4

21336.0

21532.9

147564.9

94903.5

136894.7

17133.8

94573.1

40763.8

4269.0

388537.9

536102.8

2008-09

Apr

P

44467.3

24459.0

10625.8

19521.7

23621.5

24880.3

147575.6

75141.3

122047.1

15962.2

109852.8

38210.6

3770.9

364984.9

512560.4

S

45961.2

20054.8

10013.7

18825.2

22355.7

26595.4

143806.0

73938.4

108151.0

16329.4

107900.9

38688.8

4033.1

349041.6

492847.6

May

P

44952.0

30395.2

15142.2

11746.3

19759.5

19735.8

141730.9

105980.2

118987.5

14057.1

79714.3

31257.0

5793.7

355789.8

497520.7

S

45106.3

35297.7

13630.2

10894.8

18740.0

20743.7

144412.5

101372.2

119872.8

15460.9

79521.7

32025.6

6276.5

354529.6

498942.2

Jun

P

42301.6

24677.5

11297.0

13355.5

22056.1

18773.5

132461.2

99161.5

157488.7

18106.9

96361.9

35250.0

3633.8

410002.7

542463.9

S

45575.4

26021.2

11553.8

12100.2

20102.0

21323.7

136676.2

86856.6

153879.2

19599.7

95638.3

35055.5

3906.6

394935.9

531612.1

Jul

P

45252.4

29341.2

16042.0

17797.0

22834.5

21428.5

152695.5

128114.2

151121.8

18901.6

89637.4

38934.1

6128.5

432837.4

585532.9

S

44495.8

32173.0

15783.9

17886.5

22838.4

22180.4

155358.0

116829.9

152483.7

18636.7

89456.4

38846.9

5882.0

422135.6

577493.6

Aug

P

41992.8

32024.2

13686.1

16744.6

27302.7

26502.0

158252.4

102566.5

129739.3

14854.5

90591.3

39367.0

5595.9

382714.5

540966.9

S

40862.0

31498.5

15923.6

16236.7

27157.1

25513.3

157191.3

98095.6

132484.9

16695.6

90578.3

41776.2

5412.0

385042.7

542234.0

Sep

P

44839.1

36782.8

17674.9

18660.8

37025.8

35005.7

189989.1

138282.7

163824.4

32893.2

114604.3

37165.7

5991.5

492761.8

682750.9

S

49715.0

44693.2

17800.0

18908.1

36334.7

34171.0

201622.1

126390.4

173019.4

33414.6

114415.2

37325.0

6072.2

490636.8

692258.9

Oct

P

37937.7

32171.6

19412.6

8941.4

28022.3

25874.9

152360.6

137668.8

146854.6

15600.2

94607.0

33709.6

5125.9

433566.2

585926.8

S

47638.2

42627.4

17483.6

8524.1

27563.8

26588.1

170425.3

114218.6

149713.4

18148.3

94447.1

35680.8

5211.4

417419.4

587844.7

Nov

P

31786.5

26463.9

15826.9

5834.5

14545.9

14284.3

108741.9

93410.3

122747.9

15072.6

53145.3

27123.0

3424.1

314923.1

423665.1

S

34195.9

29313.5

13242.5

5669.9

14374.4

13699.6

110495.7

86108.7

123779.1

17450.1

53235.4

27380.4

3559.6

311513.2

422009.0

Dec

P

35636.6

28395.8

15785.7

7626.7

16899.5

16495.4

120839.6

94928.3

134903.3

21633.8

59752.9

52349.8

3896.9

367465.1

488304.7

S

36004.0

27384.7

16077.6

7480.5

16625.3

16719.9

120292.1

90204.6

134313.7

21688.0

59942.9

54630.0

4113.4

364892.4

485184.5

Jan

P

31317.4

21838.3

11333.2

5406.4

14352.8

13341.6

97589.7

77245.4

102906.4

11514.6

58142.6

37107.0

2591.5

289507.6

387097.3

S

29454.0

20222.1

11457.1

5278.3

13739.5

14193.5

94344.5

74961.2

108966.1

12478.5

58255.7

39009.5

2619.6

296290.7

390635.2

Feb

P

26145.1

18103.8

10517.3

5439.9

13213.5

12068.9

85488.4

65970.3

89120.1

11079.5

52185.1

28589.0

2289.6

249233.6

334722.0

S

27640.5

20543.8

9248.2

5321.2

12981.3

12829.1

88564.2

63347.9

92959.1

11831.6

52196.5

29418.7

2381.8

252135.6

340699.8

Mar

P

36214.6

21711.8

16704.5

6902.1

14144.6

13946.0

109623.6

99310.9

142966.2

21234.9

59546.7

38686.4

3786.0

365531.1

475154.7

S

35616.9

26438.6

13094.2

6694.2

13915.7

14374.9

110134.4

91656.4

145598.4

22870.1

58716.7

40180.0

4218.0

363239.7

473374.1

(Continued)

TABLE 205 : TURNOVER IN FOREIGN EXCHANGE MARKET (Concld.)

(US $ million)

Year/ Month

Purch­ase Sales

Merchant

Inter-bank

Grand total (8+15)

FCY/INR

FCY/FCY

Total
(2 to 7)

FCY/INR

FCY/FCY

Total
(9 to 14)

Spot

For
ward

Forward cancell­
ation

Spot

For ward

Forward cancell­ation

Spot

Swap

For
ward

Spot

Swap

For
ward

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

2009-10

Apr

P

31836.8

14174.6

11793.0

5025.3

12840.3

12141.8

87811.8

77076.2

104657.6

19658.1

48308.3

39325.2

4260.9

293286.3

381098.0

S

31004.1

21628.3

9920.4

4877.3

12826.7

12139.5

92396.3

73746.7

105586.2

19144.6

48379.5

39292.4

4270.4

290419.8

382816.1

May

P

39749.5

103717.2

14326.7

5046.0

13399.1

12921.4

189159.8

103844.4

108349.9

13739.9

60786.8

48457.9

3156.5

338335.4

527495.2

S

36625.2

27798.5

13839.7

4892.5

13612.1

13249.4

110017.2

100133.9

109833.2

14565.7

60635.6

49844.9

3411.4

338424.7

448441.9

Jun

P

39799.4

21324.7

14793.3

7129.4

18220.0

16565.1

117831.9

101727.4

108744.2

14853.1

81925.1

44300.2

2559.4

354109.4

471941.4

S

39018.1

24773.0

11681.6

6851.2

18567.3

16122.0

117013.1

100245.5

110458.2

16963.1

81759.3

47289.3

2656.8

359372.1

476385.2

Jul

P

38936.8

20615.1

11554.6

5075.6

14336.5

13598.9

104117.5

106539.1

94155.6

8949.4

74228.7

60352.7

4715.7

348941.2

453058.8

S

36772.0

25321.0

11964.2

4886.8

14544.1

13549.2

107037.2

102458.5

99325.2

11160.8

74365.6

63550.5

4873.2

355733.7

462771.0

Aug

P

36591.0

21457.0

11527.1

4476.4

14582.3

13642.9

102276.6

88617.6

75475.5

7747.3

66402.7

43943.2

4105.4

286291.7

388568.4

S

35843.9

22272.8

11727.9

4484.6

14769.9

13287.5

102386.5

84496.3

73642.8

11245.1

66764.0

47086.6

3906.5

287141.3

389527.9

Sep

P

38316.7

20262.5

11351.0

6686.2

11623.2

11106.9

99346.6

95166.3

79232.4

8081.3

65268.6

29237.8

3973.4

280959.9

380306.5

S

36472.1

25076.0

11224.1

6641.9

12228.6

11393.7

103036.4

90978.4

73623.8

9868.2

65084.9

31757.1

4201.0

275513.5

378549.9

Oct

P

42513.2

28558.7

14449.6

5648.3

14276.4

13556.9

119003.2

104465.4

83050.2

8208.6

70906.2

29017.3

3276.4

298924.1

417927.3

S

40679.5

34573.4

15316.5

5484.0

15428.7

13475.5

124957.7

101455.4

78995.9

9943.5

70772.5

33023.7

3317.9

297508.9

422466.6

Nov

P

37494.7

21506.8

15352.7

4005.8

14118.3

13125.5

105604.0

106314.8

73271.0

8862.2

71608.8

24841.5

4968.9

289867.3

395471.3

S

34890.9

28532.8

13416.2

3996.9

15661.3

13092.0

109590.2

103495.7

74786.7

9792.4

69810.8

26840.9

4979.9

289706.5

399296.7

Dec

P

40129.9

20187.4

13355.5

4317.1

14968.6

14006.0

106964.6

98161.0

86849.2

9205.4

70257.7

30409.8

4169.1

299052.1

406016.7

S

37802.9

25415.1

12829.0

4271.6

15858.9

15105.6

111283.0

96384.3

91500.6

10182.7

70235.3

32072.9

4260.5

304636.3

415919.3

Jan

P

38821.6

24325.1

14469.2

3262.4

12074.1

11419.0

104371.4

124084.8

96009.9

9082.0

69326.1

25564.6

3997.6

328065.1

432436.5

S

39642.1

27919.1

13534.5

3210.1

12939.9

12249.3

109494.9

120838.5

93896.5

11750.8

69223.5

28801.7

4085.5

328596.5

438091.4

Feb

P

40624.1

19587.8

17234.2

4504.2

13630.4

12392.4

107973.1

116518.0

94347.5

10442.8

72748.2

23750.5

2240.0

320047.1

428020.2

S

39204.8

31277.2

12960.7

4449.5

14573.3

12964.9

115430.4

112227.9

97430.9

13645.5

72577.9

28335.3

2489.3

326706.7

442137.1

Mar

P

52429.6

22313.4

17562.3

4676.8

15301.0

14463.9

126747.0

127558.7

124093.2

14286.8

80291.2

31756.5

3565.8

381552.2

508299.2

S

49393.5

37110.8

13669.2

4876.9

15704.1

15241.6

135996.2

121693.8

114480.9

17080.9

80308.8

34752.3

3499.4

371816.2

507812.4

2010-11

Apr

P

43923.1

24525.8

17188.3

3862.6

13844.8

12631.6

115976.2

129055.2

108384.2

10296.0

72705.6

22595.2

4913.8

347950.0

463926.2

S

43194.9

31390.8

14216.3

3845.2

14570.3

13080.4

120297.9

126175.8

106717.4

12681.3

74265.3

26899.6

4910.9

351650.4

471948.3

May

P

43176.5

34566.7

23250.5

3248.3

28413.0

25855.2

158510.2

145196.5

120530.1

14144.7

110298.8

24459.2

2959.4

417588.7

576098.9

S

42913.2

42522.4

18540.5

3303.8

29616.5

26542.3

163438.7

140505.5

121706.7

21403.4

110464.2

30477.2

2967.7

427524.7

590963.4

Jun

P

45495.1

27162.0

20169.4

3581.5

22724.0

20808.5

139940.5

140029.1

125881.7

17863.7

88961.9

26980.1

3175.9

402892.4

542832.9

S

44027.6

34048.1

17696.2

3594.6

23196.0

21010.8

143573.2

134202.2

123314.5

21159.7

93769.2

34217.6

3404.9

410068.0

553641.2

Jul

P

47590.0

27082.8

18942.1

3442.8

14314.6

13415.3

124787.6

129044.2

133315.3

15331.5

71063.2

28560.4

2899.4

380213.9

505001.5

S

44308.4

37772.3

16618.3

3383.1

14871.1

13060.0

130013.2

126191.1

119855.5

17928.5

71190.8

35259.0

2908.5

373333.4

503346.6

Aug

P

47575.8

27329.0

19720.8

3415.3

22300.2

18394.6

138735.8

128279.0

147975.0

16263.8

82049.3

27658.2

3743.3

405968.6

544704.4

S

48281.1

34564.8

18814.2

3422.9

23032.2

18455.4

146570.4

125979.6

134105.2

16276.1

82211.0

35255.2

3827.3

397654.3

544224.8

Sep

P

50098.5

31933.9

21496.0

3889.0

22921.8

20543.9

150882.9

146927.9

132628.0

18416.1

86830.5

30696.6

3049.3

418548.4

569431.3

S

43228.8

42818.4

22972.7

3944.2

23860.3

19778.6

156603.0

142486.8

121518.4

18851.2

86686.2

35785.9

2741.0

408069.4

564672.4

Oct

P

80922.6

37469.2

24930.5

3271.1

28200.3

25860.7

200654.4

185877.2

184752.9

22188.3

101216.7

27397.7

3573.4

525006.2

725660.5

S

54879.0

61126.9

26702.9

3216.4

29343.2

24152.2

199420.6

181011.7

187278.5

25499.3

101277.5

28714.3

3428.2

527209.6

726630.2

Nov

P

62843.0

41133.7

33141.3

3145.1

23222.5

19898.1

183383.7

162320.6

161882.8

18304.5

84280.6

32266.4

3839.8

462894.7

646278.4

S

74905.0

43984.6

20421.2

3187.3

24112.4

19545.0

186155.6

160242.2

159756.7

20908.2

84585.9

35604.9

3853.7

464951.6

651107.2

Dec

P

55745.3

31034.2

23989.5

2994.3

14644.4

13329.1

141736.8

138183.4

134894.1

15531.9

63338.6

33098.1

5205.3

390251.4

531988.2

S

52545.8

41212.9

19354.9

2963.4

15386.6

13144.6

144608.3

135909.6

132868.5

16501.6

63018.3

36688.0

5173.4

390159.4

534767.7

Jan

P

54060.1

32890.9

20016.4

3823.2

17312.5

13741.7

141844.9

149851.1

122534.7

17049.8

73118.2

32108.5

4607.4

399269.7

541114.6

S

49696.6

38205.7

17812.6

4014.1

18015.4

13527.6

141272.1

149606.9

125347.7

20196.7

72839.9

33964.7

4374.7

406330.7

547602.8

Feb

P

60259.7

27301.8

20457.2

4995.8

17659.7

14166.0

144840.2

127694.9

129296.2

30240.8

62894.3

32591.3

7050.4

389767.8

534608.0

S

57703.6

29093.3

20954.0

5827.0

17740.0

13743.0

145060.9

130780.0

133219.1

33385.3

62571.8

34206.1

7325.7

401487.8

546548.7

Mar

P

81564.8

35467.1

22696.6

5613.2

17883.1

12094.5

175319.2

162257.4

192960.3

43907.4

65218.5

40077.4

8006.9

512427.9

687747.0

S

71832.6

46857.0

21290.8

6430.8

17710.5

12013.3

176135.0

163206.2

188903.3

44520.1

63866.2

40898.9

8456.3

509851.0

685986.1

FCY  : Foreign Currency     INR:  Indian Rupees    P: Purchases          S: Sales
Note : 1. Merchant - Transactions with entities other than banks.
2. Inter-bank- Transactions with banks including Reserve Bank of India.