New Delhi, Sept. 7 -- India's foreign exchange reserves rose by USD 3.5 billion in the week that ended August 29 to USD 694.230 billion, driven largely by a rise in foreign currency assets and gold, the Reserve Bank of India (RBI) said in its latest 'Weekly Statistical Supplement'.

The country's forex kitty is hovering close to its all-time high of USD 704.89 billion touched in September 2024.

For the reported week, India's foreign currency assets (FCA), the largest component of foreign exchange reserves, stood at USD 583.937 billion, a rise of USD 1.7 billion.

The RBI data showed that the gold reserves currently amount to USD 86.769 billion, witnessing a rise of USD 1.8 billion.

After the latest monetary policy review meeting, RBI Go...