(US $ million)

Inter-bank

Month

Spot

Forward/Swap

Purchases

Sales

Net

Purchases

Sales

Net

Turnover

1

2

3

4

5

6

7

8

2002

April

12,747

12,322

425

40,984

42,195

-1,211

124,285

May

12,098

11,499

599

31,994

35,124

-3,130

109,248

June

11,024

10,921

103

26,882

27,481

-599

96,729

July

14,014

15,322

-1,308

28,390

28,817

-427

113,196

August

12,171

13,761

-1,590

23,842

23,761

81

95,838

September

10,873

11,631

-758

19,963

18,712

1,251

84,145

October

12,375

12,823

-448

21,971

20,358

1,613

91,434

November

12,428

14,279

-1,851

25,009

23,974

1,035

96,769

December

16,184

18,527

-2,343

26,078

23,742

2,336

106,132

2003

January

18,208

18,944

-736

26,415

24,076

2,339

113,650

February

16,031

16,787

-756

23,205

22,004

1,201

98,885

March

14,874

15,078

-204

25,518

25,696

-178

105,298

April

11,993

13,001

-1,008

22,073

21,602

471

89,363

May P

15,834

17,688

-1,854

29,125

28,621

504

113,246

June P

19,369

19,652

-283

26,133

26,289

-156

121,898

(US $ million)

Merchant

Month

Spot

Forward

Purchases

Sales

Net

Purchases

Sales

Net

Turnover

1

9

10

11

12

13

14

15

2002

April

7,069

7,063

6

1,554

3,335

-1,781

22,532

May

6,365

7,084

-719

1,971

2,829

-858

22,928

June

6,193

6,637

-444

2,440

2,689

-249

23,239

July

7,790

7,165

625

3,247

3,034

213

27,364

August

7,241

6,501

740

3,698

2,753

945

25,418

September

6,849

6,726

123

4,626

2,815

1,811

26,568

October

8,087

7,607

480

2,931

2,986

-55

26,825

November

7,182

6,927

255

3,880

2,704

1,176

25,690

December

8,388

7,689

699

4,182

2,855

1,327

27,861

2003

January

8,917

7,666

1,251

3,993

4,487

-494

31,693

February

7,564

6,628

936

3,530

5,295

-1,765

30,092

March

9,553

9,529

24

3,382

3,543

-161

34,350

April

6,896

6,384

512

3,402

2,536

866

24,992

May P

7,574

6,752

822

5,187

3,364

1,823

29,067

June P

8,948

8,162

786

4,912

3,631

1,281

35,471

P Provisional
Note :
1. Merchant turnover include cross-currency (i.e. foreign currency to foreign currency, both spot & forward) transactions and cancellation of forward contracts.
2. Inter-bank turnover include cross-currency (i.e. foreign currency to foreign currency, both spot & forward) transactions.