The country’s foreign reserves rose for the second consecutive week by US$3.4 billion to reach US$208.373 billion from US$204.934 billion, the Reserve Bank of India weekly statistical report said on Friday.
The foreign currency assets were up by US$3.6 billion to US$201.002 billion from $197.4 billion last week. Meanwhile, the gold reserves diminished to US$6.9 billion from US$7.036 billion last week.
The country’s reserve position in the international monetary fund (IMF) remained unchanged at US$459 million.
The aggregate deposits of scheduled commercial banks in India went up to Rs 26,08,665 crore from Rs 26,03994 crore last week. 
The foreign currency assets expressed in US dollar terms includes the effect of appreciation or depreciation of major world currencies, said RBI. The foreign exchange reserves include India’s reserve tranche position in the International Monetary Fund (IMF).