India, Feb. 11 -- The rupee pared initial losses and settled on a positive note on Tuesday, higher by 9 paise at 90.57 (provisional) against the US dollar, supported by positive cues from domestic equities and weakening of the American currency in the overseas market.

Forex traders said the rupee is witnessing sideways price action as the support from positive domestic equities and foreign fund inflows was negated by geopolitical tensions and Dollar demand from importers.At the interbank foreign exchange market, the rupee opened at 90.63 against the US dollar, then lost some ground to touch an intraday low of 90.77 and a high of 90.48 against the greenback.At the end of Tuesday's trading session, the rupee was quoted at 90.57 (provisiona...