Foreign Currency

Cumulative

Month

(US $ Million)

Rs.

(over end- March 1998)

Outstanding Net

Purchase

Sale

Net

equivalent
at contract

(US $ Million)

(Rs. crore)

Forward Sales (-)/
Purchase (+) at

(+)

(-)

(+/-)

rate

the end of month

(Rs. crore)

(US $ Million)

1

2

3

4

5

6

7

8

1998-99

Apr.

1998

1159.00

958.00

(+)201.00

(+) 755.38

(+) 201.00

(+) 755.38

(-)1427.00

May

1998

800.00

1554.00

(-)754.00

(-) 2938.44

(-) 553.00

(-) 2183.06

(-)1415.00

Jun.

1998

4848.00

6475.00

(-)1627.00

(-) 6729.63

(-)2180.00

(-) 8912.68

(-)1634.00

Jul.

1998

4457.00

4578.00

(-)121.00

(-) 480.06

(-)2301.00

(-) 9392.74

(-)1774.00

Aug.

1998

5460.00

4918.00

(+)542.00

(+) 2270.58

(-)1758.00

(-)7122.16

(-)1266.00

Sep.

1998

2863.00

2103.00

(+)760.00

(+) 3219.48

(-) 998.00

(-) 3902.68

(-)1216.00

Oct.

1998

1060.00

965.00

(+) 95.00

(+) 400.71

(-) 903.00

(-) 3501.97

(-)1155.00

Nov.

1998

538.00

463.00

(+) 75.00

(+) 297.26

(-) 828.00

(-) 3204.70

(-)1260.00

Dec.

1998

1228.00

1312.00

(-) 84.00

(-) 412.50

(-) 912.00

(-) 3617.21

(-)1294.00

Jan.

1999

1718.00

1241.00

(+)477.00

(+) 2005.72

(-) 435.00

(-) 1611.48

(-)1031.00

Feb.

1999

1588.00

730.00

(+)858.00

(+) 3600.91

(+) 423.00

(+) 1989.43

(-) 801.00

Mar.

1999

3027.00

1607.00

(+)1420.0

(+) 5987.07

(+)1842.00

(+) 7976.50

(-) 802.00

Foreign Currency

Cumulative

Month

(US $ Million)

Rs.

(over end- March 1999)

Outstanding Net

Purchase

Sale

Net

equivalent at contract

(US $ Million)

(Rs. crore)

Forward Sales (-)/
Purchase (+) at

(+)

(-)

(+/-)

rate

the end of month

(Rs. crore)

(US $ Million)

1

2

3

4

5

6

7

8

1999-2000

Apr.

1999

2437.00

2399.00

(+)38.00

(+)110.18

(+)38.00

(+)110.18

(-)732.00

(+)

: implies purchase.

(-)

: implies sale.

Note

: This table is based on value dates.