In the previous reporting week, the reserves had surged by USD 954.6 million to USD 294.36 billion.
Foreign currency assets (FCAs), a major part of the overall reserves, increased by USD 1.07 billion to USD 267.97 billion for the week ended March 7, the RBI said.
FCAs, expressed in dollar terms, include the effect of appreciation/depreciation of the non-US currencies such as the euro, pound and yen held in its reserves.
The gold reserves remained stable at USD 20.978 billion, the data showed. The special drawing rights also rose by USD 12.6 million to USD 4.481 billion, while the country's reserve position with the IMF increased by a USD 5.7 million to USD 2.017 billion, the apex bank said.
The question is how much or what percentage is hot money which will run once it sees a sign of some trouble and how much did the rbi buy when the currency moved up in value.