The Rupee on Tuesday surged by 26 paise to 69.00 on brisk selling of US Dollars by bankers and exporters, dealers at Forex Market said.
Fresh foreign fund inflows and easing crude oil prices also supported the rupee, However negative opening in local domestic market capped rupee to rose further.
High oscillation was seen during the day as it registered day high and low at 69.23 and 69.00, respectively.
The Indian currency rallied because of weak dollar against other world currencies and strong opening in equity market they added.
On Monday rupee surged by 41 paise to close at 69.26 against the US dollar.