India's forex reserves rose $5.17B to $696.66B, driven by foreign currency and gold gains, nearing the September 2024 record high.

• Foreign currency assets jumped $3.47B to $587.69B, leading the weekly reserves rebound from a $1.24B drop.
• Gold reserves climbed $1.58B to $85.88B, while SDRs and IMF positions rose by $102M and $14M, respectively.
• Reserves hit $704.88B in September 2024, with current levels approaching that historic peak amid stable inflows.