New Delhi, Nov. 14 -- India's foreign exchange reserves increased by USD 2.49 billion to USD 719.547 billion in the week ended November 6, according to data released by the Reserve Bank of India (RBI) on Friday.

Forex Reserves Rise After Previous Week's Decline

In the previous week, the reserves had declined by USD 2.691 billion to USD 717.056 billion.

The country's forex reserves had touched an all-time high of USD 785.706 billion in the week ended September 4, following strong inflows linked to a special concessional swap facility for diaspora deposits, through which banks raised a record USD 133 billion. Reserves have largely declined since then.

Foreign Currency Assets Increase Marginally

During the week ended November 6, foreign...