The Reserve Bank has said it has adequate foreign exchange reserves to deal with the declining value of rupee and the widening current account deficit (CAD).Talking to reporters in New Delhi today, RBI Governor D Subbarao said recent measures taken to curb volatility of rupee would continue till stability is restored.The country's foreign exchange reserves were up at USD 278.602 billion as of 9th August compared with USD 277.17 billion a week earlier.After breaching the 65 mark, the rupee made some recovery to settle at a fresh closing level of 64.55, still down by 44 paise today against the US currency on persistent dollar demand from banks and importers and sustained capital outflows.