19. Turnover in Foreign Exchange Market

RbiAnnouncementWeb

Date: November 13, 2004

				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
Oct.	18, 2004	612	136	43	25	123	50	870	1,218	67	662	234	9
Oct.	19, 2004	706	154	112	14	87	65	1,152	1,432	66	647	192	20
Oct.	20, 2004	699	346	64	37	96	111	1,459	1,611	112	527	255	27
Oct.	21, 2004	609	237	89	14	65	52	1,066	1,141	145	599	319	18
Oct.	22, 2004 +
Sales
Oct.	18, 2004	645	131	67	35	145	68	858	1,270	81	642	246	14
Oct.	19, 2004	617	154	234	16	76	75	1,150	1,468	129	638	175	8
Oct.	20, 2004	556	371	140	33	101	109	1,383	1,650	102	516	301	24
Oct.	21, 2004	534	237	170	13	66	66	976	1,156	130	586	215	13
Oct.	22, 2004 +
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.