After witnessing a downward trend for the past two weeks, India's foreign exchange reserves rose by $1.01 billion to cross the $119 billion mark during the week ended August 6.

The forex reserves had witnessed an outflow of about $2.75 billion during the previous two weeks.

The foreign exchange reserves, during the period under review, rose from $118.319 billion to $119.336 billion.

The foreign currency assets also registered a rise of $951 million at $113.918 billion, according to the RBI's weekly statistical supplement released in Mumbai on Saturday.

The RBI's intervention to mop up dollar and fresh inflows led to this growth in reserves, analysts said.

Gold reserves rose by $66 million to $4.123 billion while the special drawing rights were static at $2 million, the central bank said.