<h1>Rupee drops 23 paise to five-month low at 86.78 amid dollar strength and crude volatility</h1> The rupee declined 23 paise to close at 86.78 against the US dollar, marking a five-month low. The depreciation was attributed to a strengthening dollar and volatile crude oil prices following a US strike on nuclear facilities. Domestic equity markets also fell sharply, with the BSE Sensex dropping 511 points. However, strong foreign institutional investor inflows and rising forex reserves helped limit further losses. The currency traded between 87.67 and 86.85 during the session, with oil price fluctuations influencing trading patterns throughout the day.