(US$ Million)

Merchant

Inter-bank

FCY / INR

FCY / FCY

FCY / INR

FCY / FCY

PositionDate

Spot

Forward

Forward Cancellation

Spot

Forward

Forward Cancellation

Spot

Swap

Forward

Spot

Swap

Forward

1

2

3

4

5

6

7

8

9

10

11

12

13

Purchases

Mar.

8, 2004

536

223

55

50

75

27

925

1127

39

757

182

34

Mar.

9, 2004

593

247

56

11

47

46

1140

1432

72

758

160

1

Mar.

10, 2004

592

249

34

9

134

95

863

1063

36

672

208

—

Mar.

11, 2004

818

271

62

35

79

36

1469

1889

23

731

184

3

Mar.

12, 2004

601

278

82

64

55

34

1011

1206

49

701

265

2

Sales

Mar.

8, 2004

462

196

139

45

34

67

856

1167

31

796

391

2

Mar.

9, 2004

418

196

111

7

34

58

1338

1316

81

742

259

1

Mar.

10, 2004

542

165

151

17

82

60

863

1133

63

686

248

1

Mar.

11, 2004

564

143

73

34

34

72

1850

1885

51

743

212

2

Mar.

12, 2004

690

294

153

35

37

72

952

1294

37

746

302

45