Table 27 : Bank of Mauritius - Intervention and Related Transactions on the | ||||||||
Interbank Foreign Exchange Market | ||||||||
Period | Sale of | Range of | Purchase | Range of | Purchase | Range of | ||
US dollar | Intervention | of US$ dollar | Intervention | of Euro | Intervention | |||
(US$ Mn) | (Rs/US$ Ask Rate) | (US$ Mn) | (Rs/US$ Bid Rate) | (EUR Mn) | (Rs/EUR Bid Rate) | |||
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 | - | - | ||
Mar-99 | - | - | - | - | 3.0 | 27.27 | ||
Apr-99 | 16.2 | 25.01 - 25.04 | - | - | - | - | ||
May-99 | 15.9 | 25.03 - 25.07 | - | - | - | - | ||
Jun-99 | 12.9 | 25.12 - 25.15 | - | - | - | - | ||
Jul-99 | 14.9 | 25.18 - 25.21 | 1.0 | 25.18 | - | - | ||