<h1>Rupee slips to 88.75 per dollar as capital outflows, trade worries and US visa fee hit services exports</h1> Rupee weakened marginally to 88.75 per US dollar amid persistent foreign capital outflows, elevated risk aversion and concerns over global trade measures and a US visa fee increase affecting services exports. Market commentary flagged month-end importer dollar demand, crude prices and potential central bank intervention as key drivers. The Reserve Bank of India's three-day Monetary Policy Committee meeting, chaired by the RBI governor, is expected to influence currency and bond markets, with rate action uncertain. Concurrent US tariff measures on certain Indian exports and a modest decline in India's foreign exchange reserves add policy and balance-sheet pressures.