Forex reserves fall $1.9 bn to $351 bn

India's foreign exchange reserves fell $1.9 billion to $351.7 billion in the week ended November 6, data from the Reserve Bank of India showed.

The fall offset a rise of $2 billion in the reserves during the week before. In the current financial year so far, the reserves have risen $10.1 billion.

Foreign currency assets declined $2.4 billion , while gold reserves' value rose $540 million to $18.7 billion.

The rupee closed at 66.1 to a dollar on Friday, compared with the previous week's closing of 65.7.