Mumbai, Aug. 17 -- India's foreign exchange reserves rose by USD 4.747 billion in the week that ended August 8 to USD 693.618 billion, driven by gains in both foreign currency assets and gold holdings, the Reserve Bank of India (RBI) said in its latest 'Weekly Statistical Supplement'.

In the preceding week, India's foreign exchange reserves reported a sharp decline, slipping USD 9.32 billion.

Still, the forex kitty is hovering close to its all-time high of USD 704.89 billion touched in September 2024.

After the latest monetary policy review meeting, RBI Governor Sanjay Malhotra said the foreign exchange kitty was sufficient to meet 11 months of the country's imports.

The latest RBI data showed that India's foreign currency assets (FCA...