The domestic unit on Wednesday dipped three paise to close at 71.04 amid rising demand for the greenback vis-a-vis other currencies overseas, even as crude oil prices eased.
The domestic unit on Thursday strengthened by 16 paise to close at 70.88.
The domestic unit on Friday spurted by 32 paise to close at a nearly two-month high of 70.56.
The domestic unit on Tuesday dropped 20 paise to close at 71.07 as heavy selling in domestic equities, unabated foreign fund outflows kept investors edgy.
The domestic unit on Monday depreciated by 14 paise to close at 71.02 as profit booking in domestic equities and unabated foreign fund outflows kept investors edgy.
The domestic unit on Wednesday pared most of its initial losses and settled the day marginally down by 5 paise to 71.07.
The domestic currency on Wednesday recovered from initial losses to settle 11 paise higher at 71.43.
The domestic currency on Friday closed almost flat at 71.14 per US dollar amid hardening crude oil prices and lacklustre global cues.
Extreme caution continued to grip forex market sentiment
The US Federal Reserve is expected to hike rates on Wednesday and the dollar has weakened marginally
The rupee rose to as much as 63 per dollar, its strongest level since August 10, 2015
Chinese yuan is forecast to weaken to 6.90 per dollar a year
The Chinese yuan, too, fell to an 11-year low, responding to the US-imposed tariffs on imports
The domestic unit on Monday plunged 68 paise to 71.60 against the US dollar amid concerns over soaring crude prices following drone attacks on Saudi Arabia's oil facilities.
But a weakening pound sterling may erode some of the gains
Foreigners bought a net $3.3 billion of shares through March 18, accounting for more than half the $5.6 billion of inflows year-to-date, and raised holdings of bonds by $1.4 billion this month
Long bets on the rupee returned after early April last year, the poll of 11 respondents showed, with investors regaining some of their lost appetite for the currency that was the worst Asian performer
This was the best closing level for the Indian unit since January 1 this year
The absence of RBI's intervention in the forex market added to the rise, according to experts
Foreign funds purchased shares worth Rs 694.97 cr on a net basis on Wednesday and domestic institutional investors bought equities worth Rs 525.26 cr