17c. Turnover in Foreign Exchange Market

RbiAnnouncementWeb

Date: February 17, 2001


(US$ Million)

	Merchant						Inter-bank

	FCY / INR			FCY / FCY			FCY / INR			FCY / FCY

	Spot	Forward	Forward	Spot	Forward	Forward	Spot	Swap	Forward	Spot	Swap	Forward
			Cancel-			Cancel-
Position Date			lation			lation

1	2	3	4	5	6	7	8	9	10	11	12	13

Purchases
Jan.22, 2001	422	73	8	8	10	10	655	691	61	425	85	6

Jan.23, 2001	376	101	27	8	16	8	725	1002	62	554	76	16

Jan.24, 2001	347	55	26	10	9	5	485	972	105	488	83	8

Jan.25, 2001	346	124	50	18	19	11	986	874	152	472	146	5

Jan.26, 2001+

Sales

Jan.22, 2001	319	137	8	8	11	8	734	546	65	430	99	4

Jan.23, 2001	237	115	14	6	19	13	773	799	187	580	84	11

Jan.24, 2001	275	86	10	9	15	3	512	778	116	502	82	7

Jan.25, 2001	371	189	18	17	41	14	935	723	129	425	144	5

Jan.26, 2001+


FCY : Foreign Currency INR : Indian Rupees + : Market Closed.
Note : Data relate to sales and purchases of foreign exchange on account of merchant and inter-bank transactions.