Table 29 : Bank of Mauritius - Intervention and Related Transactions | |||||
on the Interbank Foreign Exchange Market | |||||
Period | Sale of | Range of | Purchase | Range of | |
US dollar | Intervention | of US$ dollar | Intervention | ||
(US$ Mn) | (Rs/US$ Ask Rate) | (US$ Mn) | (Rs/US$ Bid Rate) | ||
Jun-98 | 32.8 | 23.94-24.17 | - | - | |
Jul-98 | 21.6 | 24.30-24.32 | - | - | |
Aug-98 | 4.7 | 24.45 | 1.0 | 24.35 | |
Sep-98 | 6.1 | 24.4 | - | - | |
Oct-98 | 14.5 | 24.56-24.78 | - | - | |
Nov-98 | 24.7 | 24.73-24.83 | - | - | |
Dec-98 | 5.0 | 24.7 | 5.0 | 24.70-24.75 | |
Jan-99 | - | - | 4.0 | 24.78-24.83 | |
Feb-99 | 5.0 | 24.84 | 1.0 | 24.84 | |