19. Turnover in Foreign Exchange Market

RbiAnnouncementWeb

Date: July 03, 2004

(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-
PositionDate				lation			lation
1		2	3	4	5	6	7	8	9	10	11	12	13
Purchases
Jun.	7, 2004	538	247	132	7	46	46	1269	1816	64	505	161	1
Jun.	8, 2004	632	179	69	14	22	19	1099	1240	96	554	166	15
Jun.	9, 2004	559	307	82	16	76	60	1210	1489	118	860	220	3
Jun.	10, 2004	546	191	83	35	79	78	842	1224	108	714	263	8
Jun.	11, 2004	496	248	114	23	59	66	786	1341	70	565	141	3
Sales
Jun.	7, 2004	577	254	245	8	31	43	1341	1819	115	513	191	3
Jun.	8, 2004	438	263	214	18	21	28	1081	1279	515	583	145	17
Jun.	9, 2004	511	196	218	16	33	78	1415	1466	42	833	150	4
Jun.	10, 2004	474	174	156	64	36	104	818	1480	85	660	250	28
Jun.	11, 2004	464	197	113	45	33	93	734	1632	100	566	243	26
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.