| Table 28: Transactions on the Interbank Foreign Exchange Market | |||||
| Weekly | Purchase of | Purchase of | Total Purchases | Opening | |
| Position | US$ against | US$ against | US$ | Rupee | Interbank |
| (Transaction | Rupee | Other Foreign | Equivalent | Equivalent | Min-Max |
| days only) | Currencies | Ask Rate1 | |||
| (US$ million) | (US$ million) | (US$ million) | (Rs million) | (Rs/US$) | |
| August 2001 | |||||
| Week I | 0.00 | 0.00 | 0.00 | 0.00 | 29.4525 - 29.4550 |
| Week II | 0.00 | 0.00 | 0.00 | 0.00 | 29.4525 - 29.4725 |
| Week III | 0.00 | 0.00 | 0.00 | 0.00 | 29.4750 - 29.4900 |
| Week IV | 0.00 | 0.00 | 0.00 | 0.00 | 29.4875 - 29.5000 |
| Week V | 0.00 | 0.00 | 0.00 | 0.00 | 29.5150 - 29.5925 |
| Aug-00 | 0.00 | 1.35 | 1.35 | 35.45 | 26.1050 - 26.2675 |
| Sep-00 | 0.00 | 1.15 | 1.15 | 30.19 | 26.2725 - 26.3375 |
| Oct-00 | 0.00 | 0.002 | 0.002 | 0.06 | 26.3400 - 27.3200 |
| Nov-00 | 0.00 | 1.64 | 1.64 | 45.43 | 27.3200 - 27.8875 |
| Dec-00 | 0.00 | 1.83 | 1.83 | 57.29 | 27.9700 - 28.0125 |
| Jan-01 | 0.20 | 3.54 | 3.74 | 104.59 | 27.9650 - 28.0500 |
| Feb-01 | 0.00 | 0.56 | 0.56 | 15.69 | 28.0375 - 28.2700 |
| Mar-01 | 1.40 | 0.00 | 1.40 | 39.58 | 28.2525 - 28.3425 |
| Apr-01 | 0.00 | 0.58 | 0.58 | 16.48 | 28.3450 - 28.5700 |
| May-01 | 0.00 | 0.36 | 0.36 | 10.50 | 28.5700 - 28.9100 |
| Jun-01 | 0.01 | 0.53 | 0.54 | 15.63 | 28.9400 - 29.2925 |
| Jul-01 | 0.00 | 2.27 | 2.27 | 66.59 | 29.2925 - 29.4475 |
| Aug-01 | 0.00 | 0.00 | 0.00 | 0.00 | 29.4525 - 29.5925 |
| 1 With effect from 23-Oct-00, the Rs/US$ ask rate is based on the average of daily wholesale Rs/US$ ask rates of four major commercial banks. | |||||