Rupee Gains 9 Paise Against US Dollar, Closes at 90.57 Amid Positive Cues

• The rupee rose 9 paise to close at 90.57 against the US dollar on Tuesday, paring initial losses.
• Positive domestic equities and a weakening US dollar in overseas markets supported the rupee's gain.
• Geopolitical tensions and importer demand for dollars limited a sharper upside for the Indian currency.
• The dollar index traded slightly higher at 96.82, falling below the 97 level due to shifting away from dollar assets.
• Foreign institutional investors purchased equities worth Rs 2,254.64 crore on Monday, boosting domestic markets.