Driven largely by revaluation of international currencies, foreign exchange reserves fell by $806 million during the week ended February 4, 2005 taking the total reserves to $128.91 billion.
Foreign currency assets during this period also dipped by $612 million to $123.11 billion million, according to Reserve Bank of India's weekly statistical supplement.
Gold also dropped by $192 million, following revaluation, to $4.39 billion while Special Drawing Rights were static at $5 million, it said.
India's Reserve Tranche Position with International Monetary Fund decreased by $2 million to reach $1.41 million, it added.
Loans and advances to state governments fell by Rs 2,682 crore (Rs 26.82 billioN) to Rs 753 crore (Rs 7.53 billion) while that to central government showed a nil balance.
During the fortnight ending January 28, aggregate deposits with the banks grew by Rs 4,819 crore (Rs 48.19 billion) to Rs 16,70,276 crore (Rs 16,702.76 billion), the RBI said.