India's foreign exchange reserves continued to surge ahead to record highs following further inflow of $577 million during the week ended October 24.

Foreign exchange reserves rose from $91,315 million to $91,892 million in the period under review, according to the Reserve Bank of India's weekly statistical supplement released in Mumbai on Saturday.

The reserves have gone up mainly due to depreciation of dollar vis-a-vis other foreign currencies and fresh inflows.

The apex bank said the foreign currency assets grew by $577 million at $87,969 million.

The reserve tranche position with the International Monetary Fund increased by $8 million to $1,209 million.

The apex bank said RTP may change from time to time due to India's transactions under the financial transaction plan with the IMF as well as changes in special drawing rights exchange rates vis-a-vis rupee and dollar.

Gold reserves and special drawing rights remained static at $3,919 million and $4 million, respectively, it added.

While the loans and advances to central government had a nil balance, that to state governments increased by Rs 1,380 crore (Rs 13.80 billion) at Rs 4,527 crore (Rs 45.27 billion) during the week ended October 24.