(US $ million)
Inter-bank
Merchant
Month
Spot
Forward/Swap
Forward
Purchases
Sales
Net
Turnover
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
2004
Jan
22412
24665
-2254
34939
33106
1833
158165
13106
11384
1721
6554
4472
2082
50763
Feb
18267
19851
-1583
31565
27758
3808
137740
11921
10077
1844
5326
4000
1326
45965
Mar
29830
32277
-2447
33829
32509
1320
172208
16601
13475
3126
7963
6116
1848
58719
Apr
30423
34554
-4131
45871
43154
2716
195746
12691
10770
1922
10738
6313
4424
53978
May
31454
30813
641
45610
42891
2719
186519
11743
11154
589
8598
6776
1822
51237
Jun
29092
27913
1179
37906
38453
-547
172630
12801
12376
425
5991
6781
-789
52370
Jul
29579
28142
1437
34846
36440
-1594
170639
12134
11993
140
5899
6218
-319
50662
Aug
22844
21593
1251
26543
25456
1088
131421
11691
11640
51
4526
4993
-467
46047
Sep
23766
22747
1019
36992
34578
2414
154312
12324
12306
19
7220
5260
1960
51741
Oct
22688
21368
1321
28726
30507
-1781
137987
12702
11956
746
5711
5088
623
48673
Nov
32594
34461
-1867
41801
41304
497
188668
13745
12097
1649
9488
5499
3989
57198
Dec
37386
36621
766
42154
41428
726
207840
16667
14963
1705
10979
7681
3298
77439
2005
29057
27615
1442
30231
34039
-3808
173159
13636
13343
293
6395
5833
562
61755
38610
41037
-2427
51125
47820
3306
231650
15961
13440
2521
8851
5861
2990
64792
38825
39029
-204
43822
38875
4947
237011
19957
18015
1942
9304
6978
2326
88641
(P)
21065
20011
1054
30933
34493
-3560
167965
13928
14187
-259
5072
5452
-381
65072
31421
30410
1011
36274
35240
1034
211736
15449
15935
-487
9426
7325
2101
81569
June
34588
34161
427
37023
39286
-2263
239169
20969
17939
3030
6877
8110
-1233
92694
P : Provisional. Note : 1. Merchant turnover includes cross-currency (i.e. foreign currency to foreign currency , both spot & forward) transactions and cancellation of forward contracts. 2. Inter-bank turnover includes cross-currency (i.e. foreign currency to foreign currency , both spot & forward) transactions .