In the week prior, India's FX reserves had dropped to a more than one-year low of $681.4 billion.

In the week prior, India's FX reserves had dropped to a more than one-year low of $681.4 billion.

India's foreign exchange reserves rose by $938 million to $682.321 billion in the week ended May 28, snapping the previous week's decline, according to data released by the…