The foreign currency assets increased by $1.808 billion to stand at $224.870 billion as against $223.062 billion in the previous week, the Reserve Bank data stated.

Foreign currency assets expressed in US dollar terms included the effect of appreciation or depreciation of other currencies, such as the euro, pound sterling and yen, held in its reserves.

During the week, gold reserves and special drawing rights remained static at $ 6.881 billion and $2 million respectively. The reserve position in the IMF improved by $2 million to stand at $ 434 million.