India's foreign exchange reserve went up by $3.59 billion to $254.05 billion during the week ended December 19, 2008 mainly on account of revaluation in foreign currency. The foreign currency assets rose by $3.58 billion to $ 245.30 billion, according to the latest data released by the Reserve Bank of India [Get Quote] on Friday.

Gold and Special Drawing Right (SDR) remained unchanged in the reserve during the week. The reserve position in the International Monetary Fund (IMF) rose by $16 million to $880 million.