Mumbai, Dec 28: India's foreign exchange reserves rose to $69.508 billion in the week to December 20 from $68.435 billion in the previous week, the Reserve Bank of India (RBI) said in its weekly statistical supplement today. With Bimal Jalan ensconced at the helm, Reserve Bank of India continued its policy stance in 2002 on soft interest rate regime, low inflation, providing adequate liquidity even as fresh inflows led to the foreign exchanges reserves scaling a record high. Jalan has been successful in advocating the "Indian Experience", wherein unlike in the past, India has been able to prevent external crisis by adoption of sound external management policies. Maintaining that primary responsibility of crisis prevention has to be that of the country itself, RBI governor, who has been given a two year extension, was of the view that a stable macro-economic environment with low inflation, low current account deficit and reasonable growth was essential to prevent crisis. Bureau Report