Mumbai: Foreign exchange reserves of the country fell to $290.808 billion as of February 8 from $292.672 billion a week earlier, the Reserve Bank of India said in its weekly statistical supplement.

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

The foreign exchange reserves also include India's reserve tranche position in the International Monetary Fund, the RBI said.

Despite the minor dip in forex reserves, India is finding it difficult to manage capital flows. The government expects a $100 billion addition to the forex reserves in the current financial year.

"We added $47 billion last fiscal. In 2007-08, we expect to add $100 billion," finance minister P Chidambaram said here at a lecture on 'Law - an Instrument for Economic Growth.'

Chidambaram had earlier said he would discuss measures to manage the flow of capital with RBI governor Y V Reddy.