INR Vs USD: Gains in the rupee came amid sustained selling of the American currency.
The rupee surged by 74 paise to touch 69.88 a dollar on Thursday, reported news agency Press Trust of India (PTI).
At this level, the rupee hit a three-month high against the dollar.
At the Interbank Foreign Exchange, the rupee opened on a higher note at 70.15 and then gathered further momentum and touched an intra-day high of 69.88, a level last seen on August 27.
Gains in the rupee came amid sustained selling of the American currency by exporters and easing crude oil prices.