India, Jan. 13 -- The rupee recovered from low levels and settled 2 paise higher at 90.16 (provisional) against the US dollar on Monday on weak American currency and sliding crude

oil prices. Equity market sentiment also improved after the new US envoy to India, Sergio Gor, said that both sides are actively engaged in firming up a trade deal, forex analysts said.

However, a volatile geopolitical situation kept the domestic currency under pressure, restricting its recovery, they said. Also, traders awaited cues from domestic and US macroeconomic data to be released this week.At the interbank foreign exchange, the rupee opened at 90.23 and strengthened to 90.13 during intra-day. It also touched a low of 90.25 before ending the session at ...