| 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 | @ | Rates | Rate* | ** | ||
| (Rs million) | (Per cent) | |||||||
| July 1999 | ||||||||
| 1-Jul | 73 | 73 | 73 | 73 | 9.00 - 9.50 | 9.49 | 12.66 | |
| 2-8 July | 137 | 272 | 1,252 | 179 | 9.50 - 10.50 | 9.92 | 12.68 | |
| 9-15 July | 15 | 169 | 783 | 112 | 9.50 - 10.50 | 10.04 | 12.69 | |
| 16-22 July | - | - | - | - | - | - | 12.68 | |
| 23-29 July | 25 | 135 | 413 | 59 | 9.00 - 10.00 | 9.60 | 12.66 | |
| 30-31July | 180 | 180 | 360 | 180 | 9.25 - 10.50 | 9.97 | 12.82 | |
| 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 | |
| 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 | 12.70 | |
| * : Interbank Weighted Average Interest Rate. | @ : For transactions days only. | |||||||
| ** : Simple Average for the month, actual for the week. | ||||||||