19. Turnover in Foreign Exchange Market

RbiAnnouncementWeb

Date: December 15, 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
Nov. 19, 2001	388	49	13	13	14	10	627	1300	86	315	79	6

Nov. 20, 2001	305	58	27	8	28	9	475	1041	76	294	59	17

Nov. 21, 2001	282	89	21	5	31	8	477	1233	101	345	72	28

Nov. 22, 2001	231	77	45	4	10	2	618	728	74	191	45	7

Nov. 23, 2001	223	96	59	8	17	5	584	1137	95	281	78	9

Sales
Nov. 19, 2001	342	70	45	12	22	11	627	1354	63	345	93	6

Nov. 20, 2001	253	81	10	7	25	4	543	932	68	302	57	22

Nov. 21, 2001	203	83	5	5	10	8	638	1112	68	345	54	20

Nov. 22, 2001	213	167	5	4	11	3	579	719	63	184	41	8

Nov. 23, 2001	323	155	6	9	17	4	569	1116	69	287	76	9

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