Appendix  A
Turnover in Foreign Exchange Market : 2000-01 to 2008-09 (US $ million)  
      MERCHANT INTERBANK
          FCY/INR     FCY/FCY Total   FCY/INR   FCY/FCY Total Grand
Year/Month/Day No. of Spot  Forward Forward Spot  Forward Forward Merchant Spot  Swap Forward Spot  Swap Forward Interbank Total
    days Cancellation     Cancellation Transactions Transactions  
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) (14) (15) (16) (17) (18)
PURCHASES (All Transactions)        
Quarter 4 Total 63 93166 61400 38385 17622 41563 39298 291434 239311 329769 43638 168928 102019 8536 892201 1183635
  Daily Average   1479 975 609 280 660 624 4626 3799 5234 693 2681 1619 135 14162 18788
Quarter 3 Total 67 103598 85289 49605 22249 59072 60490 380303 321154 397104 50072 205783 110322 12356 1096791 1477094
  Daily Average   1546 1273 740 332 882 903 5676 4793 5927 747 3071 1647 184 16370 22046
Quarter 2 Total 65 130909 97512 47380 53144 86669 82553 498167 366691 441354 66359 293424 115187 17564 1300579 1798746
  Daily Average   2014 1500 729 818 1333 1270 7664 5641 6790 1021 4514 1772 270 20009 27673
Quarter 1 Total 62 130768 78997 36606 44543 64676 61532 417122 276538 392387 47072 282406 103238 13145 1114786 1531908
  Daily Average   2109 1274 590 718 1043 992 6728 4460 6329 759 4555 1665 212 17980 24708
2008-09 Total 257 458441 323198 171976 137558 251980 243873 1587026 1203694 1560614 207141 950541 430766 51601 4404357 5991383
  Daily Average   1784 1258 669 535 980 949 6175 4684 6072 806 3699 1676 201 17138 23313
2007-08 Total 256 601896 260805 142564 289550 273336 339008 1907159 1040178 1439512 137006 1144994 438614 69222 4269526 6176685
  Daily Average   2351 1019 557 1131 1068 1324 7450 4063 5623 535 4473 1713 270 16678 24128
2006-07 Total 254 306078 129402 75845 95433 113427 141009 861194 594739 686978 65292 651676 265734 26099 2290518 3151712
  Daily Average   1205 509 299 376 447 555 3391 2341 2705 257 2566 1046 103 9018 12408
2005-06 Total 251 227197 99690 56137 39652 82892 82787 588355 433872 496710 42468 386920 148471 14182 1522623 2110978
  Daily Average   901 395 223 156 328 327 2331 1721 1968 167 1534 590 56 6036 8367
2004-05 Total 248 161656 91934 31739 9524 26590 24702 346145 356647 427440 26820 180960 71428 4179 1067474 1413619
  Daily Average   652 371 128 38 107 100 1396 1438 1724 108 730 288 17 4304 5700
2003-04 Total 243 126874 69685 18358 8864 18022 13110 254913 245055 358914 13444 138219 62745 4105 822482 1077395
  Daily Average   522 287 76 36 74 54 1049 1008 1477 55 569 258 17 3385 4434
2002-03 Total 247 91198 39434 14805 3270 9017 5185 162909 163025 303139 15801 90464 39174 1437 613040 775949
  Daily Average   369 160 60 13 37 21 659 660 1227 64 366 159 6 2482 3141
 2001-02 Total 238 76823 19543 15236 2945 4940 3362 122849 137665 307916 17241 82770 26940 2431 574963 697812
  Daily Average   323 82 64 12 21 14 516 578 1294 72 348 113 10 2416 2931
2000-01 Total 241 80668 20963 12075 4135 5808 3411 127060 150382 256213 26041 96671 35798 5732 570837 697897
  Daily Average   335 87 50 17 24 14 527 624 1063 108 401 149 24 2369 2896
Sales (All Transactions)                                
Quarter 4 Total 63 92289 67012 33564 17167 40498 41341 291871 226851 341475 46931 168163 105911 9090 898421 1190292
  Daily Average   1465 1064 533 272 643 656 4633 3601 5420 745 2669 1681 144 14261 18894
Quarter 3 Total 67 115647 97665 45799 21529 58190 56576 395406 286379 400464 55054 205887 114735 12811 1075330 1470736
  Daily Average   1726 1458 684 321 869 844 5902 4274 5977 822 3073 1712 191 16050 21951
Quarter 2 Total 65 134276 103920 47856 50647 83094 78688 498481 324937 436967 65544 281819 112522 16842 1238631 1737112
  Daily Average   2066 1599 736 779 1278 1211 7669 4999 6723 1008 4336 1731 259 19056 26725
Quarter 1 Total 62 135772 80801 34912 41742 60402 67794 421423 258150 410839 50330 279514 104161 14157 1117151 1538574
  Daily Average   2190 1303 563 673 974 1093 6797 4164 6626 812 4508 1680 228 18019 24816
2008-09 Total 257 477984 349398 162131 131085 242184 244399 1607181 1096317 1589745 217859 935383 437329 52900 4329533 5936714
  Daily Average   1860 1360 631 510 942 951 6254 4266 6186 848 3640 1702 206 16846 23100
2007-08 Total 256 535859 290189 124045 287260 258351 357228 1852932 1094626 1435139 169147 1132205 439373 70826 4341316 6194248
  Daily Average   2093 1134 485 1122 1009 1395 7238 4276 5606 661 4423 1716 277 16958 24196
2006-07 Total 254 265809 129110 62394 84501 92995 133447 768256 539632 623597 76943 575453 223732 25969 2065326 2833582
  Daily Average   1046 508 246 333 366 525 3025 2125 2455 303 2266 881 102 8131 11156
2005-06 Total 251 228965 109489 58233 38732 81553 85796 602768 432507 514277 91605 386838 154609 15349 1595185 2197953
  Daily Average   910 441 234 155 328 345 2414 1740 2080 370 1558 625 62 6434 8848
2004-05 Total 248 146034 68306 55400 9552 25181 26394 330867 347164 399719 31903 177995 74266 4056 1035103 1365970
  Daily Average   589 275 223 39 102 106 1334 1400 1612 129 718 299 16 4174 5508
2003-04 Total 243 114340 49565 39341 9147 15321 14296 242010 280562 324123 34656 139268 64943 5384 848935 1090945
  Daily Average   471 204 162 38 63 59 996 1155 1334 143 573 267 22 3494 4489
2002-03 Total 247 87222 39365 17419 3301 8358 6661 162326 171894 301694 14274 93181 38685 1558 621286 783612
  Daily Average   353 159 71 13 34 27 657 696 1221 58 377 157 6 2515 3173
2001-02 Total 238 75365 38755 7250 2700 4919 3731 132720 211763 506784 24031 139840 43124 3830 929371 1062091
  Daily Average   317 163 30 11 21 16 558 890 2129 101 588 181 16 3905 4463
2001-01 Total 241 80686 41652 6181 3949 5818 4106 142392 141238 235767 25695 101436 37241 5644 547021 689413
  Daily Average   335 173 26 16 24 17 591 586 978 107 421 155 23 2270 2861
Note: FCY : Foreign Currency, INR : Indian Rupee                
          Data relate to purchases and sales of foreign exchange on account of merchant and inter-bank transactions.  
Source: Reserve Bank of India Bulletin:Weekly Statistical Supplement