Foreign currency assets, which is a major component of the country's foreign exchange reserves, tanked by $4.49 billion to $256.59 billion, against the previous week's $261.07 billion, the Reserve Bank of India (RBI) said in its weekly data released on Friday.
The foreign currency assets expressed in the US dollar terms include the effect of appreciation or depreciation of non-US currencies, such as the euro, sterling and yen, held in the reserves, the apex bank said.
The country's gold remained unchanged at $19.27 billion while India's special drawing rights (SDRs) and reserve position in the International Monetary Fund (IMF) also slid marginally, the data showed.
India's SDRs were down by $56 million to $4.985 billion while its reserve position in the IMF went down by $21 million to $1.937 billion, the RBI said.
BoR becomes part of ICICI, integration starts
I have not resigned: RBI Dy Governor
No info on illegal gold trade, black money: RBI
Credit Suisse gets nod to start Mumbai branch
RBI wants super regulator status