New Delhi, Feb. 23 -- The Indian rupee eked out a gain versus the dollar on Monday, as hedging interest from importers and upcoming maturities in forward contracts undercut most of an early advance driven by positive sentiment after the U.S. Supreme Court's ruling on tariffs.

The rupee ended at 90.8825 per U.S. dollar, up 0.1% on the day. The currency had opened stronger at 90.76 per dollar on the back of the U.S. Supreme Court striking down President Donald Trump's emergency tariffs, but gave up gains as the session progressed.

Bankers attributed the reversal to hedging demand from importers and cautious positioning ahead of a wall of forward maturities and geopolitical tensions.

Bankers said the Reserve Bank of India's reliance on th...