India's foreign exchange reserves rose for a second straight week to a one-month high of $622.47 billion as of Feb. 2, data from the central bank showed.
The reserves rose by $5.74 billion in the reporting week, the biggest rise in nearly two months. Reserves had risen by $590 million in the prior week.
The Reserve Bank of India (RBI) intervenes in the foreign exchange market to curb excess volatility in the rupee.
