17c. Turnover in Foreign Exchange Market

RbiAnnouncementWeb

Date: May 19, 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

Apr.	23, 2001	306	47	39	8	7	13	436	1196	70	455	126	9

Apr.	24, 2001	294	167	67	4	5	3	674	1437	80	390	88	4

Apr.	25, 2001	81	9	1	128	14	4	126	98	4	104	18	1

Apr.	26, 2001	531	579	336	17	19	23	659	1634	77	418	200	20

Apr.	27, 2001	251	40	72	4	16	7	392	1577	39	333	134	21

Sales

Apr.	23, 2001	344	77	9	9	10	15	368	1182	82	460	127	8

Apr.	24, 2001	285	261	6	5	9	3	567	1485	55	392	81	5

Apr.	25, 2001	114	4		3	12	3	109	112	1	124	17

Apr.	26, 2001	863	442	55	16	21	22	607	1642	82	430	183	17

Apr.	27, 2001	261	160	28	1	7	13	322	1454	37	376	118	19

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