<h1>Rupee falls 17 paise to 85.97 against dollar amid foreign investor outflows and tariff concerns</h1> The rupee declined 17 paise to 85.97 against the US dollar in early trading due to a strengthening greenback and foreign institutional investor outflows. Trade tariff uncertainties added pressure, though the country remains outside current tariff measures while negotiations continue. The dollar index rose 0.08% to 97.93, while Brent crude fell 0.19% to $70.02 per barrel. Domestic equity markets declined with foreign investors selling equities worth Rs 5,104.22 crore. Foreign exchange reserves dropped $3.049 billion to $699.736 billion in the week ending July 4.