Foreign currency assets, a major component of the country's foreign exchange reserves, grew $279 million to $256.65-billion for the week ended August 27 as against the previous week's $256.37 billion, the Reserve Bank of India (RBI) said in its weekly data.
Foreign currency assets expressed in 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 foreign exchange reserves had tanked by over $4.7 billon in the fortnight before due to import payments and changes in values of many currencies.
For the week ended August 27, gold reserves remained unchanged at $19.278 billion while country's Special Drawing Rights (SDRs) moved up marginally to $4.981 billion, up $10 million.
India's reserve position in the International Monetary Fund (IMF) also went up marginally by $4 million to $1.935 billion, the RBI data said.