India's foreign exchange reserves continued to remain high for the straight third week and rose to more than a four-month high of $604.04 billion as of December 1, data from the Reserve Bank of India (RBI) showed on Friday.

Earlier, the foreign exchange reserves surged by $2.54 billion to $597.94 billion for the week ending November 24.

According to the Weekly Statistical Supplement released by the RBI, Foreign currency assets (FCAs) increased by $5.08 billion to $533.61 billion.

Gold reserves were up by $991 million to $47.33 billion, while SDRs expanded by $32 million to $18.25 billion. Reserve position in the IMF increased by $5 million to $4.85 billion.

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