<h1>Rupee drops 47 paise to 85.87 against dollar as crude oil prices rise and foreign funds exit</h1> The rupee declined 47 paise to close at 85.87 against the US dollar amid rising global crude oil prices and a strengthening American currency. Foreign fund outflows driven by uncertainties over trade tariffs added pressure on the local unit. Oil companies and importers increased dollar purchases as oil prices rose despite higher output expectations. The approaching trade tariff deadline and lack of progress on bilateral trade negotiations contributed to the rupee's weakness. The dollar index rose 0.24 percent while Brent crude increased 0.26 percent, with domestic equity markets remaining relatively stable.