New Delhi, July 10 -- India's foreign exchange reserves increased by USD 7.26 billion during the week ended July 3, driven by a rise in foreign currency assets and gold reserves, according to data released by the Reserve Bank of India (RBI) on Friday.

The data highlighted that the country's total forex reserves stood at USD 674.19 billion (Rs 64,20,602 crore) as on July 3, registering a weekly increase of USD 7.26 billion (Rs 1,26,095 crore).

The largest component of the reserves, Foreign Currency Assets (FCA), rose by USD 4.51 billion (Rs 89,198 crore) during the week to USD 545.58 billion (Rs 51,95,747 crore).

Gold reserves also witnessed a significant increase, rising by USD 2.67 billion (Rs 34,180 crore) to USD 105.21 billion (Rs 1...