(US$ million)

Year/ Month

Pu- rch­ ase Sa- les

Merchant

Inter-bank

Grand
total
(8+15)

FCY/INR

FCY / FCY

Total (2 to 7)

FCY/INR

FCY / FCY

Total (9 to 14)

Spot

Forward

Forward cancell­ation

Spot

Forward

Forward cancell­ation

Spot

Swap

Forward

Spot

Swap

Forw-ard

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

2006-07

Apr

P

27305.5

8669.8

5291.6

5812.8

9180.3

8627.0

64887.1

45791.8

54760.3

4504.9

44402.8

17727.1

2152.2

169338.9

234226.0

S

23996.8

12986.9

4685.8

5628.8

8502.0

9328.2

65128.5

47468.1

62125.0

12168.0

44568.8

16332.0

2233.4

184895.4

250023.9

May

P

27207.1

14074.7

8243.6

7297.2

12821.1

13394.7

83038.4

59067.9

64306.6

5420.0

58392.6

20311.5

2601.0

210099.5

293137.9

S

31061.1

14699.5

5157.9

6659.3

11411.6

15254.4

84243.8

57550.6

66311.6

9040.7

58164.8

20001.0

2493.3

213561.9

297805.7

Jun

P

24068.0

11387.9

6908.0

4877.6

6441.2

8239.8

61922.5

53600.8

49045.2

3459.4

43252.4

16284.4

1370.8

167013.1

228935.6

S

24974.5

12443.7

7338.3

4787.9

6045.0

8524.0

64113.4

52593.1

51081.7

5293.9

42825.1

16433.9

1574.3

169802.0

233915.4

Jul

P

19921.4

10511.8

5230.9

5489.7

8014.9

8525.3

57694.0

44887.0

40931.7

2891.4

41755.6

16873.2

1680.7

149019.6

206713.6

S

20331.0

12314.1

5466.6

5449.8

7416.1

8802.3

59779.9

43512.7

44230.0

4387.2

41335.3

16250.6

2093.8

151809.7

211589.6

Aug

P

22892.3

7486.1

5591.3

7686.3

10155.5

11706.0

65517.5

43027.0

44959.8

3456.7

60199.1

22690.0

1793.7

176126.3

241643.8

S

23699.7

10516.8

5163.9

8156.2

9891.2

12130.0

69557.8

41173.1

44030.3

4458.7

59550.0

23425.5

1788.8

174426.4

243984.2

Sep

P

26139.5

10736.7

6008.8

7538.9

10195.9

11798.8

72418.6

49402.3

58896.6

4931.2

53781.6

22527.9

1511.9

191051.5

263470.1

S

24614.4

12478.3

6031.9

8090.1

9213.4

12278.4

72706.5

48356.3

57562.0

5940.6

53451.4

22301.8

1584.6

189196.6

261903.1

Oct

P

26875.5

11716.4

6143.3

10254.0

9080.9

13312.4

77382.5

45010.5

54025.5

5599.4

51559.0

21000.0

1769.9

178964.2

256346.7

S

25628.7

11991.7

7962.9

10212.9

8446.2

14050.0

78292.4

44403.8

52037.2

5898.3

51148.5

20975.9

1969.8

176433.3

254725.7

Nov

P

30195.6

13486.8

8034.6

7390.9

10943.4

13426.0

83477.2

60487.6

67976.5

5437.1

61629.8

25121.4

2007.3

222659.8

306137.0

S

25724.4

13133.6

7967.4

7173.7

9913.7

14271.8

78184.6

67001.8

66832.9

8045.2

59606.6

23937.5

2366.3

227790.3

305974.9

Dec

P

27693.1

10722.9

7139.2

8691.7

10590.9

12796.2

77634.2

47766.7

65124.5

5790.4

55302.8

21201.0

2380.8

197566.2

275200.3

S

28020.0

12943.2

6342.9

8656.8

9495.6

14063.9

79522.5

47441.9

66838.6

7813.0

55197.1

20902.0

2890.4

201083.0

280605.5

Jan

P

25919.4

10651.1

6812.3

12340.5

11347.4

16151.7

83222.3

54530.0

59753.1

9811.4

66791.4

26846.5

4267.1

221999.5

305221.8

S

26530.2

11402.9

5487.9

12215.2

10836.4

16478.3

82950.8

56184.2

59742.1

7924.0

66978.5

27041.6

4719.4

222589.8

305540.6

Feb

P

25840.4

9677.8

4982.8

8744.9

7910.8

11429.4

68586.2

49001.7

51670.5

6319.0

61610.9

25706.5

2128.0

196436.7

265023.0

S

22958.1

8676.7

3766.8

9059.0

7509.6

11981.9

63952.2

51734.0

60368.8

5516.5

61355.1

25998.8

2100.2

207073.4

271025.7

Mar

P

34796.9

15028.3

10117.1

12651.6

10163.7

15359.3

98116.9

61288.2

98040.9

9022.5

71423.9

27921.2

3111.5

270808.2

368925.0

S

31695.4

17737.3

8065.5

12331.2

9690.4

16359.9

95879.7

62013.9

97162.9

9679.0

70108.0

33981.4

3132.1

276077.3

371957.1

2007-08

Apr

P

35975.6

21288.0

7987.4

20255.2

14299.1

11101.1

110906.5

83689.1

106569.7

6394.2

76295.8

26812.9

4711.4

304473.1

415379.6

S

34126.5

16702.7

11460.2

20751.9

13099.6

12279.5

108420.4

84852.1

110284.8

8181.2

75268.1

27846.1

4634.1

311066.3

419486.7

May

P

37690.0

18254.5

9832.9

22081.6

12947.3

12318.3

113124.6

74716.3

102726.8

7334.0

77393.5

27520.1

3319.1

293009.8

406134.4

S

33350.9

16495.7

8759.4

21776.3

12317.8

13080.1

105780.3

78983.3

100740.8

8755.4

76999.4

26592.6

3001.5

295073.0

400853.2

Jun

P

41134.3

13110.5

10335.7

26377.9

17182.1

24091.7

132232.3

74059.9

110394.7

8465.5

93074.3

30365.3

3912.6

320272.3

452504.6

S

34221.2

16841.1

8363.7

25443.2

16542.9

25214.2

126626.3

77103.8

105142.2

12732.9

91785.0

30200.2

4059.7

321023.7

447650.1

Jul

P

47938.4

15278.5

9764.0

23971.1

19887.0

22650.5

139489.5

84096.5

117397.6

10934.9

100595.2

32582.9

7595.9

353202.9

492692.4

S

36479.2

20562.5

8822.8

22878.1

18638.5

24344.2

131725.3

96028.1

114614.1

14061.7

99281.0

32035.9

7673.1

363693.9

495419.1

Aug

P

40756.6

23236.0

14462.1

26016.4

30321.0

32715.5

167507.7

86702.9

109205.0

11244.6

114283.6

36944.6

7830.3

366211.0

533718.7

S

40009.3

29849.5

10435.5

24941.5

29188.8

34267.1

168691.7

88007.3

111030.6

18252.8

112444.1

38186.4

8159.3

376080.5

544772.2

Sep

P

46433.0

18453.1

13445.2

17343.7

25127.2

22594.3

143396.4

87651.6

124166.1

11717.5

99911.6

33379.9

3755.1

360581.9

503978.4

S

34599.4

20901.0

10666.2

17218.4

24094.1

23740.9

131219.9

103296.3

121222.0

15363.1

98119.5

32666.8

4103.6

374771.3

505991.2

Oct

P

64884.2

29145.4

13159.0

26219.5

27632.7

26662.3

187703.1

107900.5

155520.5

11118.7

108612.0

43469.9

3364.9

429986.5

617689.6

S

53100.2

27493.6

14452.7

21063.7

26149.8

28784.3

171044.4

117130.7

154594.4

15545.8

108128.2

43537.0

4072.0

443008.1

614052.6

Nov

P

52880.0

23473.8

9792.1

18098.3

25024.9

22207.2

151476.4

78036.5

102908.2

10647.1

94765.8

39467.0

6625.2

332449.7

483926.1

S

55314.3

23318.2

8627.1

16661.8

22176.1

24374.4

150471.9

82974.1

106854.8

14465.3

94663.2

37012.0

6603.3

342572.7

493044.5

Dec

P

68071.1

18391.4

9157.4

13032.3

22312.9

21650.8

152615.8

70817.2

94331.2

8846.4

77263.6

38733.2

8840.1

298831.8

451447.6

S

58377.1

25389.0

7952.3

13700.7

20762.7

23853.6

150035.4

70269.8

94915.3

10763.5

76171.1

39583.6

9239.4

300942.7

450978.1

Jan

P

69264.7

34526.4

14399.5

20164.5

30090.2

29813.7

198259.0

111620.5

133872.0

15215.8

119592.8

48005.6

9684.7

437991.3

636250.3

S

63419.6

36567.7

12102.9

19818.1

28629.4

31318.8

191856.5

119977.4

134579.9

21413.0

116904.0

48582.4

10089.7

451546.5

643403.0

Feb

P

54097.8

27122.4

16055.5

16248.0

30327.1

23710.9

167561.5

98869.2

170807.2

12977.3

104611.1

49853.5

5370.2

442488.5

610050.0

S

54608.1

30603.2

10929.6

16934.6

29780.2

24869.4

167725.1

96468.3

171123.7

15300.4

102134.0

50138.0

5765.4

440929.7

608654.8

Mar

P

51205.5

24644.5

15824.6

12846.9

22646.8

20029.8

147198.0

100258.7

137651.5

15101.9

96292.2

39804.8

4092.3

393201.3

540399.4

S

47946.2

31111.7

13411.6

12226.4

21336.0

21532.9

147564.9

94903.5

136894.7

17133.8

94573.1

40763.8

4269.0

388537.9

536102.8

(Continued)

TABLE 205 : TURNOVER IN FOREIGN EXCHANGE MARKET (Concld.)

(US $ million)

Year/ Month

Pur-ch­ ase Sa- les

Merchant

Inter-bank

Grand total (8+15)

FCY/INR

FCY/FCY

Total (2 to 7)

FCY/INR

FCY/FCY

Total (9 to 14)

Spot

Forward

Forward cancell­ ation

Spot

Forward

Forward cancell­ation

Spot

Swap

Forward

Spot

Swap

Forw-ard

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

2008-09

Apr

P

44467.3

24459.0

10625.8

19521.7

23621.5

24880.3

147575.6

75141.3

122047.1

15962.2

109852.8

38210.6

3770.9

364984.9

512560.4

S

45961.2

20054.8

10013.7

18825.2

22355.7

26595.4

143806.0

73938.4

108151.0

16329.4

107900.9

38688.8

4033.1

349041.6

492847.6

May

P

44952.0

30395.2

15142.2

11746.3

19759.5

19735.8

141730.9

105980.2

118987.5

14057.1

79714.3

31257.0

5793.7

355789.8

497520.7

S

45106.3

35297.7

13630.2

10894.8

18740.0

20743.7

144412.5

101372.2

119872.8

15460.9

79521.7

32025.6

6276.5

354529.6

498942.2

Jun

P

42301.6

24677.5

11297.0

13355.5

22056.1

18773.5

132461.2

99161.5

157488.7

18106.9

96361.9

35250.0

3633.8

410002.7

542463.9

S

45575.3

26021.2

11553.8

12100.1

20102.0

21323.7

136676.2

86856.6

153879.2

19599.7

95638.3

35055.5

3906.6

394935.9

531612.1

Jul

P

45252.4

29341.2

16042.0

17797.0

22834.5

21428.5

152695.5

128114.2

151121.8

18901.6

89637.4

38934.1

6128.5

432837.4

585532.9

S

44495.8

32173.0

15783.9

17886.5

22838.4

22180.4

155358.0

116829.9

152483.6

18636.7

89456.4

38846.9

5882.0

422135.6

577493.6

Aug

P

41992.8

32024.2

13686.1

16744.6

27302.7

26502.0

158252.4

102566.5

129739.3

14854.5

90591.3

39367.0

5595.9

382714.5

540966.9

S

40862.0

31498.5

15923.6

16236.7

27157.0

25513.3

157191.3

98095.6

132484.9

16695.6

90578.3

41776.2

5412.0

385042.7

542234.0

Sep

P

44839.1

36782.8

17674.9

18660.8

37025.8

35005.7

189989.1

138282.7

163824.4

32893.2

114604.3

37165.7

5991.5

492761.8

682750.9

S

49715.0

44693.2

17800.0

18908.1

36334.7

34171.0

201622.1

126390.4

173019.4

33414.6

114415.2

37325.0

6072.2

490636.8

692258.9

Oct

P

37937.7

32171.6

19412.6

8941.4

28022.3

25874.9

152360.6

137668.8

146854.6

15600.2

94607.0

33709.6

5125.9

433566.2

585926.8

S

47638.2

42627.4

17483.6

8524.0

27563.8

26588.1

170425.3

114218.6

149713.4

18148.3

94447.1

35680.8

5211.4

417419.4

587844.7

Nov

P

31786.5

26463.9

15826.9

5834.5

14545.9

14284.3

108741.9

93410.3

122747.9

15072.6

53145.3

27123.0

3424.1

314923.1

423665.1

S

34195.9

29313.5

13242.5

5669.9

14374.4

13699.6

110495.7

86108.7

123779.1

17450.0

53235.4

27380.4

3559.6

311513.2

422009.0

Dec

P

35636.6

28395.8

15785.7

7626.7

16899.5

16495.4

120839.6

94928.3

134903.3

21633.8

59752.9

52349.8

3896.9

367465.0

488304.7

S

36004.0

27384.7

16077.6

7480.5

16625.3

16719.9

120292.1

90204.6

134313.7

21688.0

59942.8

54630.0

4113.4

364892.4

485184.5

Jan

P

31317.4

21838.3

11333.2

5406.4

14352.8

13341.6

97589.7

77245.4

102906.4

11514.6

58142.6

37107.0

2591.5

289507.6

387097.3

S

29454.0

20222.1

11457.1

5278.3

13739.5

14193.5

94344.5

74961.2

108966.1

12478.5

58255.7

39009.5

2619.6

296290.7

390635.2

Feb

P

26145.1

18103.8

10517.3

5439.9

13213.5

12068.9

85488.4

65970.3

89120.1

11079.5

52185.1

28589.0

2289.6

249233.6

334722.0

S

27640.5

20543.8

9248.1

5321.2

12981.3

12829.1

88564.2

63347.8

92959.1

11831.6

52196.5

29418.7

2381.8

252135.6

340699.8

Mar

P

36214.6

21711.8

16704.5

6902.1

14144.6

13946.0

109623.6

99310.9

142966.2

21234.9

59546.7

38686.4

3786.0

365531.1

475154.7

S

35616.8

26438.6

13094.2

6694.2

13915.7

14374.9

110134.4

91656.4

145598.4

22870.1

58716.7

40180.0

4218.0

363239.7

473374.1

2009-10

Apr

P

31836.8

14174.6

11793.0

5025.3

12840.3

12141.8

87811.8

77076.2

104657.6

19658.1

48308.3

39325.2

4260.9

293286.3

381098.0

S

31004.1

21628.3

9920.4

4877.3

12826.7

12139.5

92396.3

73746.7

105586.2

19144.6

48379.5

39292.4

4270.4

290419.8

382816.1

May

P

39749.5

103717.2

14326.7

5046.0

13399.1

12921.4

189159.8

103844.4

108349.9

13739.9

60786.8

48457.9

3156.5

338335.4

527495.2

S

36625.2

27798.5

13839.7

4892.5

13612.1

13249.4

110017.2

100133.9

109833.2

14565.7

60635.6

49844.9

3411.4

338424.7

448441.9

Jun

P

39799.4

21324.7

14793.3

7129.4

18220.0

16565.1

117831.9

101727.4

108744.2

14853.1

81925.1

44300.2

2559.4

354109.4

471941.4

S

39018.1

24773.0

11681.6

6851.2

18567.3

16122.0

117013.1

100245.5

110458.2

16963.1

81759.3

47289.3

2656.8

359372.1

476385.2

Jul

P

38936.8

20615.1

11554.6

5075.6

14336.5

13598.9

104117.5

106539.1

94155.6

8949.4

74228.7

60352.7

4715.7

348941.2

453058.8

S

36772.0

25321.0

11964.2

4886.8

14544.1

13549.2

107037.2

102458.5

99325.2

11160.8

74365.6

63550.5

4873.2

355733.7

462771.0

Aug

P

36591.0

21457.0

11527.1

4476.4

14582.3

13642.9

102276.6

88617.6

75475.5

7747.3

66402.7

43943.2

4105.4

286291.7

388568.4

S

35843.9

22272.8

11727.9

4484.6

14769.9

13287.5

102386.5

84496.3

73642.8

11245.1

66764.0

47086.6

3906.5

287141.3

389527.9

Sep

P

38316.7

20262.5

11351.0

6686.2

11623.2

11106.9

99346.6

95166.3

79232.4

8081.3

65268.6

29237.8

3973.4

280959.9

380306.5

S

36472.1

25076.0

11224.1

6641.9

12228.6

11393.7

103036.4

90978.4

73623.8

9868.2

65084.9

31757.1

4201.0

275513.5

378549.9

Oct

P

42513.2

28558.7

14449.6

5648.3

14276.4

13556.9

119003.2

104465.4

83050.2

8208.6

70906.2

29017.3

3276.4

298924.1

417927.3

S

40679.5

34573.4

15316.5

5484.0

15428.7

13475.5

124957.7

101455.4

78995.9

9943.5

70772.5

33023.7

3317.9

297508.9

422466.6

Nov

P

37494.7

21506.8

15352.7

4005.8

14118.3

13125.5

105604.0

106314.8

73271.0

8862.2

71608.8

24841.5

4968.9

289867.3

395471.3

S

34890.9

28532.8

13416.2

3996.9

15661.3

13092.0

109590.2

103495.7

74786.7

9792.4

69810.8

26840.9

4979.9

289706.5

399296.7

Dec

P

40129.9

20187.4

13355.5

4317.1

14968.6

14006.0

106964.6

98161.0

86849.2

9205.4

70257.7

30409.8

4169.1

299052.1

406016.7

S

37802.9

25415.1

12829.0

4271.6

15858.9

15105.6

111283.0

96384.3

91500.6

10182.7

70235.3

32072.9

4260.5

304636.3

415919.3

Jan

P

38821.6

24325.1

14469.2

3262.4

12074.1

11419.0

104371.4

124084.8

96009.9

9082.0

69326.1

25564.6

3997.6

328065.1

432436.5

S

39642.1

27919.1

13534.5

3210.1

12939.9

12249.3

109494.9

120838.4

93896.5

11750.8

69223.5

28801.7

4085.5

328596.5

438091.4

Feb

P

40624.1

19587.8

17234.2

4504.2

13630.4

12392.4

107973.1

116518.0

94347.5

10442.8

72748.2

23750.5

2240.0

320047.1

428020.2

S

39204.8

31277.2

12960.7

4449.5

14573.3

12964.9

115430.4

112227.9

97430.9

13645.5

72577.9

28335.3

2489.3

326706.7

442137.1

Mar

P

52429.6

22313.4

17562.3

4676.8

15301.0

14463.9

126747.0

127558.7

124093.2

14286.8

80291.2

31756.5

3565.8

381552.2

508299.2

S

49393.5

37110.8

13669.2

4876.9

15704.1

15241.6

135996.2

121693.8

114480.9

17080.9

80308.8

34752.3

3499.4

371816.2

507812.4

FCY  : Foreign Currency INR:  Indian Rupees   P: Purchases   S: Sales
Note : 1. Merchant - Transactions with entities other than banks.
2. Inter-bank- Transactions with banks including Reserve Bank of India.