--------------------------------------------------------------------------------------------------------------------------------- Foreign Currency (US $ Milli Rs.equivalent Cumulative Outstanding Net Month ---------------------------- at contract rate (over end Mar 1996) Forward Sales (-)/ Purchase Sale Net (Rs. Cr.) ----------------------------------------- Purchase (+) (+) (-) (+/-) (in US $ Million) (in Rs. Crores) at the end of month (US $ Million) --------------------------------------------------------------------------------------------------------------------------------- 1 2 3 4 5 6 7 8 --------------------------------------------------------------------------------------------------------------------------------- 1996-97 -------------------- Apr. 1996 577.00 209.00 (+)368.0 (+) 1191.74 (+) 368.0 (+) 1191.74 (-) 2007.00 May 1996 336.00 235.00 (+)101.0 (+) 303.54 (+) 489.0 (+) 1495.28 (-) 2058.00 Jun. 1996 1150.00 365.00 (+)785.0 (+) 2653.41 (+) 1254.0 (+) 4148.89 (-) 1799.00 Jul. 1996 1192.00 898.00 (+)294.5 (+) 828.38 (+) 1548.5 (+) 4974.07 (-) 1732.00 Aug. 1996 822.50 575.00 (+)247.5 (+) 713.58 (+) 1796.0 (+) 5687.65 (-) 1107.00 Sep. 1996 672.00 - (+)672.0 (+) 2401.20 (+) 2468.0 (+) 8088.85 (-) 1157.00 Oct. 1996 840.50 - (+)840.5 (+) 2995.21 (+) 3308.50 (+)11084.05 (-) 1157.00 Nov. 1996 415.50 283.00 (+)132.5 (+) 415.88 (+) 3441.00 (+)11499.93 (-) 874.00 Dec. 1996 1410.00 859.00 (+)551.0 (+) 1877.91 (+) 3992.00 (+)13377.84 (-) 874.00 Jan. 1997 565.00 15.00 (+)550.0 (+) 1969.83 (+) 4542.00 (+)15347.67 (-) 859.00 Feb. 1997 929.50 - (+)929.5 (+) 3335.17 (+) 5471.50 (+)18682.84 (-) 1259.00 Mar. 1997 2329.00 - (+)2329.0 (+) 8354.21 (+) 7800.50 (+)27037.05 (-) 345.00 --------------------------------------------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------------------------------------------- Foreign Currency (US $ Milli Rs.equivalent Cumulative Outstanding Net Month ---------------------------- at contract rate (over end Mar 1997) Forward Sales (-)/ Purchase Sale Net (Rs. Cr.) ----------------------------------------- Purchase (+) (+) (-) (+/-) (in US $ Million) (in Rs. Crores) at the end of month (US $ Million) --------------------------------------------------------------------------------------------------------------------------------- 1 2 3 4 5 6 7 8 --------------------------------------------------------------------------------------------------------------------------------- 1997-98 -------------------- Apr. 1997 641.00 - (+)641.00 (+) 2297.34 (+) 641.00 (+)2297.34 (+) 25.00 May 1997 1759.00 366.00 (+)1393.0 (+) 4960.03 (+)2034.00 (+)7257.37 (+) 112.00 Jun. 1997 1828.00 493.00 (+)1335.0 (+) 4738.78 (+)3369.00 (+)11996.15 (+) 158.00 Jul. 1997 1185.00 - (+)1185.0 (+) 4235.73 (+)4554.00 (+)16231.88 (+) 40.00 Aug. 1997 1363.00 491.00 (+)872.00 (+) 3090.57 (+)5426.00 (+)19322.45 (-) 40.00 Sep. 1997 432.00 1410.00 (-)987.00 (-) 3576.93 (+)4448.00 (+)15745.52 (-) 944.00 Oct. 1997 552.00 363.00 (+)189.00 (+) 658.01 (+)4637.00 (+)16403.54 (-) 663.00 ------------------------------------------------------------------------------------------------------------- ------------------ (+) implies purchase Note: This table is based on value dates. (-) implies sale