The rupee on Tuesday rebounded from record low levels, gaining 6 paise to settle at 83.34 against the US dollar amid positive sentiment in the equity markets and inflow of foreign funds.

Forex traders said a weak American currency against major rivals and crude prices hovering close to USD 80 per barrel level also supported the Indian currency.

At the interbank foreign exchange market, the local unit opened at 83.37 and moved in the range of 83.32 to 83.39 against the greenback in intra-day trade.

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