Table 18: Transactions on the Interbank Money Market
Period	Amount Transacted			Daily	Range of	Interbank	Bank
				Average1	Interbank	W.A.I	Rate3
	Lowest	Highest	Total		Rates	Rate2
	(Rs million)				(Per cent)
Aug 1999
1-5 Aug	178	520	1,723	345	9.00 - 12.00	10.29	12.82
6-12 Aug	212	335	1,787	255	8.00 - 15.00	12.23	12.72
13-19 Aug	35	240	895	128	9.50 - 12.75	11.36	12.74
20-26 Aug	35	35	245	35	12.75	12.75	12.71
27-31 Aug	60	100	160	80	9.50 - 9.75	9.56	12.71
Jun-98	5	480	1,608	95	7.50 - 10.50	8.35	9.13
Jul-98	20	325	5,130	166	7.50 -12.00	9.06	9.22
Aug-98	5	375	4,449	178	7.50 -10.00	9.00	9.63
Sep-98	8	158	725	30	8.00 - 10.25	8.91	10.12
Oct-98	15	495	4,220	136	8.00 - 18.00	10.37	10.30
Nov-98	7	290	3,362	112	8.00 - 11.00	10.14	11.43
Dec-98	21	450	3,384	117	8.50 - 12.19	9.82	12.49
Jan-99	35	385	3,137	116	8.00 - 18.00	11.09	12.76
Feb-99	35	445	5,137	190	9.00 - 13.00	10.28	12.71
Mar-99	15	235	2,499	104	9.00 - 9.75	9.51	12.66
Apr-99	30	250	2,671	89	9.25 - 11.50	10.07	12.62
May-99	10	235	2,033	70	9.00 - 10.50	9.85	12.62
Jun-99	10	230	2,385	80	9.00 - 10.75	9.96	12.61
Jul-99	15	272	2,881	120	9.00 -10.50	9.90	12.69
Aug-99	35	520	4,810	172	8.00 - 15.00	11.31	12.74
1 For transactions days only.					2 Interbank Weighted Average Interest Rate.
3 Simple Average for the month, actual for the week.