Mumbai, Sept. 21 -- India's foreign exchange reserves rose by USD 4.698 billion in the week that ended September 12 to USD 702.966 billion, marking the third consecutive weekly increase, the Reserve Bank of India (RBI) said in its latest 'Weekly Statistical Supplement.'

The forex reserves touched the most-awaited USD 700 billion mark this week.

For the reported week, India's foreign currency assets (FCA), the largest component of foreign exchange reserves, stood at USD 587.014 billion, increasing by USD 2.537 billion.

The RBI data showed that the gold reserves currently amount to USD 92.419 billion, witnessing a jump of USD 2.12 billion.

After the latest monetary policy review meeting, RBI Governor Sanjay Malhotra said the foreign exc...