Country's foreign exchange reserves fell by $1.151 billion to $277.042 billion for the week ended March 26, against $278.193 billion in the previous week.
Foreign currency assets, during the week, slipped to $252.755-billion, against $253.845-billion in the week-ago period, the Reserve Bank of India (RBI) said in its weekly report today.
Foreign currency assets expressed in US dollar terms include the effect of appreciation or depreciation of non-US currencies, such as euro, sterling and yen held in the reserves, the apex bank said.
During the week, country's gold reserves remained static at $17.920 billion while special drawing rights declined further to $4.991 billion from $5.039 billion in the week-ago period, the RBI said.
India's reserve position in the International Monetary Fund declined to $1.376-billion from $1.389-billion a week ago, the RBI said.
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