Table 19: Transactions on the Interbank Money Market
Period	Amount Transacted			Daily	Range of	Interbank	Bank
				Average1	Interbank	W.A.I	Rate3
	Lowest	Highest	Total		Rates	Rate2
	(Rs million)				(Per cent)
Dec 1999
01-02 Dec	210	390	600	300	9.00 - 9.50	9.49	12.51
03-09 Dec	265	500	2,595	371	9.00 - 12.00	9.70	12.41
10-16 Dec	85	210	1,160	166	9.00 - 11.00	10.15	12.33
17-23 Dec	100	100	100	100	9.50	9.50	12.46
24-29 Dec	225	235	930	233	9.25 - 9.50	9.47	12.34
30-31 Dec	450	450	900	450	9.00 - 9.50	9.33	11.92
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
Feb-99	35	445	5,137	190	9.00 - 13.00	10.28	12.71
Mar-99	15	235	2,499	104	9.00 - 9.75	9.51	12.66
Apr-99	30	250	2,671	89	9.25 - 11.50	10.07	12.62
May-99	10	235	2,033	70	9.00 - 10.50	9.85	12.62
Jun-99	10	230	2,385	80	9.00 - 10.75	9.96	12.61
Jul-99	15	272	2,881	120	9.00 - 10.50	9.90	12.69
Aug-99	35	520	4,810	172	8.00 - 15.00	11.31	12.74
Sep-99	10	120	1,223	53	9.00 - 10.00	9.56	12.72
Oct-99	15	185	2,067	86	9.00 - 9.50	9.46	12.69
Nov-99	5	130	680	36	9.00 - 9.50	9.47	12.60
Dec-99	85	500	6,285	273	9.00 - 12.00	9.67	12.36
1 For transactions days only.					2 Interbank Weighted Average Interest Rate.
3 Simple Average for the month, actual for the week.