17c. Turnover in Foreign Exchange Market

RbiAnnouncementWeb

Date: June 30, 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

Jun.	4, 2001	296	45	8	6	20	7	445	1465	82	371	118	20

Jun.	5, 2001+

Jun.	6, 2001	390	54	19	14	23	30	458	1296	53	586	173	6

Jun.	7, 2001	259	86	23	15	20	12	552	1013	76	561	108	9

Jun.	8, 2001	324	55	18	23	19	7	409	1000	87	555	148	10

Sales

Jun.	4, 2001	286	117	11	6	16	13	371	935	130	330	115	16

Jun.	5, 2001+

Jun.	6, 2001	381	151	13	14	22	31	409	1237	61	609	182	5

Jun.	7, 2001	342	107	9	15	21	14	490	906	79	579	102	6

Jun.	8, 2001	307	157	25	23	56	7	370	806	53	561	144	10

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.