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India's foreign exchange reserves jumped $5.54 billion to $692.6 billion during the week ended Nov. 14 due to a steep increase in the value of gold reserves, the Reserve Bank of India said on Friday.

Foreign currency assets, a major component of the reserves, increased by $152 million to $562.29 billion, the data 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.

Value of the gold reserves jumped by $5.327 billion to $106.857 billion during the week, the RBI said.

The Special Drawing Rights (SDRs) grew by $56 million to $18.65 billion, the apex bank said.

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