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of <h1>Currency Gains: Rupee Climbs 7 Paise on Market Sentiment, Dollar Weakness, Softening Oil Prices</h1> The Indian rupee strengthened 7 paise to close at 86.04 against the US dollar, driven by domestic equity market performance and a weakening dollar. Easing global crude oil prices supported the currency, though export declines and foreign fund outflows limited gains. Geopolitical tensions in the Middle East and upcoming US economic data may influence future currency movements. Wholesale price inflation declined to 0.39% in May, and unemployment rose to 5.6%.
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