| Table 18 : Transactions on the Interbank Money Market | ||||||||
| Period | Amount Transacted | Daily | Range of | Interbank | Bank | |||
| Average | Interbank | W.A.I | Rate | |||||
| Lowest | Highest | Total | @ | Rate | Rate* | ** | ||
| (Rs million) | (Per cent) | |||||||
| January 1999 # | ||||||||
| Week I | 164 | 164 | 492 | 164 | 9.50 - 12.19 | 10.50 | 12.19 | |
| Week II | 40 | 385 | 1,035 | 259 | 9.50 - 18.00 | 14.00 | 12.95 | |
| Week III | 35 | 50 | 235 | 47 | 8.00 - 11.00 | 9.96 | 12.83 | |
| Week IV | 55 | 65 | 360 | 60 | 8.00 - 10.00 | 9.10 | 12.85 | |
| Week V | 55 | 205 | 505 | 84 | 8.75 - 9.50 | 9.28 | 12.74 | |
| Week V1 | 170 | 170 | 510 | 170 | 9.00 - 9.50 | 9.47 | 12.72 | |
| Feb-98 | 10 | 188 | 1,888 | 105 | 7.50 - 9.00 | 8.39 | 9.02 | |
| Mar-98 | 20 | 364 | 3,993 | 148 | 7.50 - 9.00 | 8.38 | 9.02 | |
| Apr-98 | 25 | 318 | 2,518 | 114 | 7.75 - 12.00 | 9.30 | 9.05 | |
| May-98 | 10 | 177 | 2,143 | 79 | 7.00 - 9.00 | 8.08 | 9.08 | |
| 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 | |
| * : Interbank Weighted Average Interest Rate. | ||||||||
| ** : Simple Average for the month, actual for the week. | ||||||||
| # : Auction week . | ||||||||
| @ : For transactions days only. | ||||||||