| Table 27 : 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$) | ||
| March 2000 | ||||||
| Week I | 0.00 | 0.180 | 0.180 | 4.65 | 25.5325 - 25.6025 | |
| Week II | 0.00 | 0.003 | 0.003 | 0.08 | 25.5500 - 25.6150 | |
| Week III | 0.30 | 0.000 | 0.300 | 7.70 | 25.5400 - 25.6000 | |
| Week IV | 1.10 | 0.000 | 1.100 | 28.22 | 25.5425 - 25.6100 | |
| Week V | 0.00 | 0.002 | 0.002 | 0.05 | 25.5425 - 25.6125 | |
| Jun-99 | 2.60 | 0.85 | 4.08 | 103.40 | 25.1450 - 25.2100 | |
| Jul-99 | 0.15 | 0.10 | 0.27 | 6.91 | 25.2100 - 25.2550 | |
| Aug-99 | 6.38 | 1.18 | 7.56 | 190.75 | 25.2125 - 25.2575 | |
| Sep-99 | 4.75 | 1.05 | 5.98 | 151.55 | 25.2200 - 25.2825 | |
| Oct-99 | 2.70 | 3.96 | 6.98 | 176.66 | 25.2400 - 25.3050 | |
| Nov-99 | 4.80 | 0.53 | 5.33 | 134.49 | 25.3025 - 25.3800 | |
| Dec-99 | 5.40 | 2.37 | 7.79 | 198.08 | 25.3800 - 25.4300 | |
| Jan-00 | 3.60 | 5.89 | 9.49 | 241.46 | 25.4000 - 25.5375 | |
| Feb-00 | 0.00 | 1.14 | 1.19 | 30.41 | 25.4875 - 25.6075 | |
| Mar-00 | 1.40 | 0.19 | 1.59 | 40.71 | 25.5325 - 25.6150 | |
| 1 With effect from 1-Oct-98, the Rs/US$ ask rate is based on the average of daily Rs/US$ ask rates of four major commercial banks. | ||||||