<h1>Rupee slips 10 paise to 88.12 amid foreign fund outflows, RBI dollar sales, equities rise after GST cut</h1> The national currency depreciated 10 paise to close at 88.12 versus the US dollar amid sustained foreign fund outflows and a stronger dollar, despite equity gains after a goods and services tax rate revision and lower international crude prices. The central bank intervened by selling dollars at higher levels while foreign institutional investors were net sellers of domestic equities. Market commentary projected near-term trading ranges for the currency and cited upcoming U.S. employment data as a risk factor. Brent futures were lower and domestic benchmarks closed higher; capital outflows totaled approximately Rs 106.34 crore.