Foreign exchange reserves rose $282 million during the week ended August 31, to $290.46 billion.
In the previous week ended August 24, the reserves stood at $290.18 billion.
The forex reserves comprise foreign currency assets, gold reserves, SDRs (Special Drawing Rights) and reserve tranche position in the IMF.
The increase in reserves during the week was mainly on account of the value of gold reserves going up by $524.7 million. This increase could be attributed to the recent rise in gold prices in the international markets.
The foreign currency assets, which constitute almost 89 per cent of the total reserves, decreased $252 million to $257.62 billion during the week.
Since March-end, the reserves have come down by $3.93 billion.