The rupee had advanced 7 paise to end at 65.51 on Thursday.
On Monday, the rupee had moved up by 3 paise.
The local currency had surged 18 paise to 63.64 in Thursday's trade.
The domestic unit closed lower by 6 paise at 66.71.
The S&P BSE Sensex plunged 128 points to end at 25,102.
After another day of volatile trade, the rupee today appreciated by seven paise to close at a new one-month high of 59.04 against the dollar as the RBI's liquidity-tightening measures continued to lend support.
It moved in a range of 63.54 and 63.81 per dollar during the day.
The rupee had jumped by 16 paise to end at over two-month high of 61.71 against the greenback on good inflows in local markets and sustained dollar sales by exporters.
The dollar was firm against some global currencies which also weighed on the rupee.
In fairly active trade at the Interbank Foreign Exchange (Forex) market, the local unit opened lower at 42.20/22 a dollar from Tuesday's close of 42.10/12. It dropped further to a low of 42.67 a dollar due to heavy dollar buying by oil refiners as the global crude oil prices remained near $126 a barrel after striking a new peak of $126.98 a barrel in intra-day trade at New York on Tuesday. Sustained capital outflows also partly affected the rupee sentiment.
The rupee had risen for the fifth straight session on Thursday.
The US stimulus programme has been credited with fuelling a global equities rally for most of the year.
The rupee had gained two paise to close at one-month high of 62.14 against the dollar in Tuesday's trade.
The rupee had snapped its 3-day losing streak on Thursday.
The rupee ended higher for the second consecutive week.
The rupee fell sharply by 32 paise at 66.37 against the US dollar in early trade on Tuesday.
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Chidambaram further said government has taken a number of fiscal and administrative measures from time to time to contain inflation especially food.
The domestic currency had gained seven paise on Friday.
The rupee edged higher by three paise to 66.46 against the US dollar in early trade on Wednesday.
The rupee had lost 21 paise on Tuesday's trade.
The rupee slumped to 64-level against the American currency, its second straight fall this week.
Weakness of dollar in the overseas market also boosted the domestic currency, a forex dealer said.
On Thursday, the rupee jumped 50 paise to close at 62.67 against the Greenback on persistent selling of dollars by banks and hopes of capital inflows in view of a strong equity market.
Persistent selling of the American currency by exporters and bank supported the rupee
The rupee plunged 90 paise to close at an all-time low of 80.86 (provisional) against the US dollar on Thursday after the US Federal Reserve's interest rate hike and its hawkish stance weighed on investor sentiments. Forex traders said the US Fed's rate hike and escalation of geopolitical risk in Ukraine sapped risk appetite. Moreover, the strength of the American currency in the overseas market, a muted trend in domestic equities, risk-off mood and firm crude oil prices weighed on the rupee.
The rupee had ended 5 paise lower at 67.49 on Monday.
The rupee on Tuesday lost another 15 paise against the US dollar to close at 65.88
The rupee had lost three paise to hit two-month closing low of 66.80.
The rupee had closed with a gain of 12 paise on Friday.
The rupee fell back against the pound to 98.72 from overnight close of 98.48 and turned negative to end at 77.44 per euro from Rs 77.37.
Rupee is under pressure against the dollar on weak cues.
The RBI is still a small player in international gold buying among central banks. But in terms of total gold bought in 2019, it is the sixth largest buyer with 25.2 tonnes purchases in the first 10 months of 2019.
However, the US dollar's strength against other currencies overseas capped the rupee's gain
Dollar sales by exporters and firm local equities also supported the local currency.
Increased demand for the dollar weighed on the local currency.
The rupee had ended five paise lower at 61.92 on Tuesday.
The local currency had surged 35 paise to 63.65 in Thursday's trade.
Forex dealers said besides the dollar gaining against other currencies in the global markets on the back of a strong US economy, increased demand for the American unit from importers weighed on the rupee but a higher opening in the domestic equity markets, capped the fall.
The rupee recovered from more-than three months low of 63.15 in early trade on dollar selling by banks.
The rupee had ended almost flat at 61.41 against the Greenback in the previous session on Wednesday on alternate bouts of buying and selling.
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