The country's forex reserves jumped by $4.53 billion to $658.8 billion during the week ended March 21, the RBI said on Friday.
In the previous reporting week, the overall reserves had increased by $305 million to $654.27 billion.
This is the third consecutive week of rise in the kitty, which has been on a declining trend recently due to revaluation, along with forex market interventions by the RBI to help reduce volatility in the rupee.
The forex reserves had increased to an all-time high of $704.88 billion in September 2024.
For the week ended March 21, foreign currency assets, a major component of the reserves, increased by $1.67 billion to $558.86 billion, the data released on Friday showed.
Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves.
Gold reserves increased by $2.88 billion to $77.27 billion during the week, the RBI said.
The Special Drawing Rights (SDRs) were down by $22 million to $18.24 billion, the apex bank said.
India's reserve position with the IMF was also down by $2 million at $4.43 billion in the reporting week, the apex bank data showed.
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