Mumbai, Aug. 6 -- The Indian rupee recovered from record low level and closed 12 paise higher at 87.76 (provisional) against the US dollar on Wednesday, supported by a volatile greenback and the Reserve Bank's decision to hold interest rate steady. However, rising crude oil prices, negative cues from domestic equities, uncertainties around the US tariff on India limited gains in the counter. At the interbank foreign exchange, the domestic unit opened at 87.72 and moved in a range of 87.63-87.80 during the day. Indian shares ended modestly lower on Wednesday after U.S. President Donald Trump said that he would increase the tariffs charged on Indian imports "very substantially" over the next 24 hours because of India's continued purchases o...