<p>India's foreign exchange reserves remained largely unchanged at $594.86 billion as of August 25, data from the country's central bank showed on Friday. </p><p>Forex reserves fell by a marginal $30 million for the week, compared to a $7.27 billion drop in the week ended August 18, the data showed. </p><p>The changes in foreign currency assets, expressed in dollar terms, include the effects of appreciation or depreciation of other currencies held in the Reserve Bank of India's (RBI) reserves. </p>.RBI says 93% of 2,000-rupee notes returned since May.<p>The forex reserves also include India's Reserve Tranche position in the International Monetary Fund. </p><p>The RBI intervenes in the spot and forwards markets to prevent runaway moves in the rupee. </p><p>In the week for which the forex reserves data pertains, the rupee gained 0.6 per cent against the US dollar, and traded in a range of 82.3625 to 83.1275. </p><p>The currency closed at 82.7150 on Friday, but was slightly down week-on-week. </p>
<p>India's foreign exchange reserves remained largely unchanged at $594.86 billion as of August 25, data from the country's central bank showed on Friday. </p><p>Forex reserves fell by a marginal $30 million for the week, compared to a $7.27 billion drop in the week ended August 18, the data showed. </p><p>The changes in foreign currency assets, expressed in dollar terms, include the effects of appreciation or depreciation of other currencies held in the Reserve Bank of India's (RBI) reserves. </p>.RBI says 93% of 2,000-rupee notes returned since May.<p>The forex reserves also include India's Reserve Tranche position in the International Monetary Fund. </p><p>The RBI intervenes in the spot and forwards markets to prevent runaway moves in the rupee. </p><p>In the week for which the forex reserves data pertains, the rupee gained 0.6 per cent against the US dollar, and traded in a range of 82.3625 to 83.1275. </p><p>The currency closed at 82.7150 on Friday, but was slightly down week-on-week. </p>