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RBI data on Indian forex turnover: NOV 3 to NOV 7

Fri Nov 21, 2008 4:42pm IST
 
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Nov 21 (Reuters) - The Reserve Bank of India released the
following data on turnover in the Indian forex market for the
period from Nov 3 to Nov 7 , 2008  (All figures in $mln).
                      PURCHASES
                      ----------
                      Merchant
              FCY/INR                  FCY/FCY
      Spot    Forward Forward  Spot    Forward Forward
                      cancellation             cancellation
--------------------------------------------------------------
Nov 3        2,025   2,801   709      114     796     868 4    
1,903   2,041   956      529     719     722 5        1,977 
 1,651   1,396    332     640     632 6        1,706   903    
1,033    287     659     808 7        1,598   1,001   499     
209     714     818
--------------------------------------------------------------
      9,209   8,397   4,593    1,471   3,528   3,848
--------------------------------------------------------------
                      Interbank
                      FCY/INR          FCY/FCY
      Spot    Swap    Forward  Spot    Swap    Forward
--------------------------------------------------------------
Nov 3        5,189   12,174  556      2,687   1,302   520 4    
6,877   8,388   499      3,238   1,309   145 5        7,418 
 8,610   782      2,948   1,185   46 6        6,850   7,373  
797      3,335   925     54 7        4,204   6,598   465     
2,838   1,247   105
--------------------------------------------------------------
      30,538  43,143  3,099    15,046  5,968   870
--------------------------------------------------------------
                       SALES
                      -------
                      Merchant
              FCY/INR                  FCY/FCY
      Spot    Forward Forward  Spot    Forward Forward
                      cancellation             cancellation
--------------------------------------------------------------
Nov 3        2,314   2,594   888      99      766     906 4    
2,107   1,929   872      510     731     719 5        1,944 
 1,990   1,176    321     608     590 6        1,769   1,695  
625      280     684     709 7        1,627   1,219   472     
208     667     828
--------------------------------------------------------------
      9,761   9,427   4,033    1,418   3,456   3,752
--------------------------------------------------------------
                      Interbank
                      FCY/INR          FCY/FCY
      Spot    Swap    Forward  Spot    Swap    Forward
--------------------------------------------------------------
Nov 3        4,897   11,718  597      2,592   1,326   531 4    
6,365   8,659   526      3,303   1,280   145 5        7,271 
 9,247   740      2,950   1,418   45 6        6,482   7,900  
1,039    3,342   946     61 7        3,801   6,825   635     
2,777   1,411   105
--------------------------------------------------------------
      28,816  44,349  3,537    14,964  6,381   887
--------------------------------------------------------------
Spot rate : 1$ = 50.03 rupees source RBI reference rate RBIB.

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