| 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$) | ||
| July 2001 | ||||||
| Week I | 0.00 | 0.29 | 0.29 | 8.37 | 29.2925 - 29.3675 | |
| Week II | 0.00 | 1.38 | 1.38 | 40.42 | 29.3675 - 29.4075 | |
| Week III | 0.00 | 0.60 | 0.60 | 17.80 | 29.4075 - 29.4225 | |
| Week IV | 0.00 | 0.00 | 0.00 | 0.00 | 29.4200 - 29.4350 | |
| Week V | 0.00 | 0.00 | 0.00 | 0.00 | 29.4475 | |
| Jul-00 | 2.60 | 0.27 | 2.87 | 75.01 | 26.0650 - 26.1525 | |
| Aug-00 | 0.00 | 1.35 | 1.35 | 35.45 | 26.1050 - 26.2675 | |
| Sep-00 | 0.00 | 1.15 | 1.15 | 30.19 | 26.2725 - 26.3375 | |
| Oct-00 | 0.00 | 0.002 | 0.002 | 0.06 | 26.3400 - 27.3200 | |
| Nov-00 | 0.00 | 1.64 | 1.64 | 45.43 | 27.3200 - 27.8875 | |
| Dec-00 | 0.00 | 1.83 | 1.83 | 57.29 | 27.9700 - 28.0125 | |
| Jan-01 | 0.20 | 3.54 | 3.74 | 104.59 | 27.9650 - 28.0500 | |
| Feb-01 | 0.00 | 0.56 | 0.56 | 15.69 | 28.0375 - 28.2700 | |
| Mar-01 | 1.40 | 0.00 | 1.40 | 39.58 | 28.2525 - 28.3425 | |
| Apr-01 | 0.00 | 0.58 | 0.58 | 16.48 | 28.3450 - 28.5700 | |
| May-01 | 0.00 | 0.36 | 0.36 | 10.50 | 28.5700 - 28.9100 | |
| Jun-01 | 0.01 | 0.53 | 0.54 | 15.63 | 28.9400 - 29.2925 | |
| Jul-01 | 0.00 | 2.27 | 2.27 | 66.59 | 29.2925 - 29.4475 | |
| 1 With effect from 23-Oct-00, the Rs/US$ ask rate is based on the average of daily wholesale Rs/US$ ask rates of four major commercial banks. | ||||||