After recording a rise of over $ 1.24 billion in the previous week, India's foreign exchange reserves declined by $142 million led by a fall in gold reserves for the week ended June 4.

The country's foreign exchange reserves fell from $119.82 billion to $119.68 billion during the period under review, according to the Reserve Bank of India's weekly statistical supplement released in Mumbai on Saturday.

The foreign currency assets registered a growth of $77 million at $114.40 billion.

Gold reserves, however, decreased by $217 million in the reporting week to $3.97 billion.

Analysts said the gold reserves fell due to revaluation in the international prices of the yellow metal.

RBI said special drawing rights stood at $2 million.

India's Reserve Tranche Position with the International Monetary Fund decreased by $2 million to $1.299 billion, the central bank said.

Loans and advances to the central government showed a decline by Rs 353 crore (Rs 3.53 billion) to Rs 378 crore (Rs 3.78 billion) while that to state governments also fell by Rs 1,812 crore (Rs 18.12 billion) to Rs 1,837 crore (Rs 18.37 billion), it added.