India's foreign exchange reserves declined for the second week in a row by $333 million for the week ended June 11.
The forex reserves fell during the period under review from $119.67 billion to $119.34 billion.
Last week, the reserves fell by $142 million.
The country's foreign currency reserves were also down by $331 million to $114.07 billion, according to Reserve Bank of India's weekly statistical supplement released in Mumbai on Saturday.
The decline in the foreign currency assets includes the effect of changes in the value of non-US currencies such as Euro, Sterling and Yen held in reserves, analysts said.
The gold reserves and special drawing rights remained static at $3.974 billion and $2 million, respectively.