Rupee sinks 38 paise to 87.33 against US dollar; logs worst single-day fall in a month

Mumbai, Mar 10 (PTI) The rupee depreciated by 38 paise, its steepest fall in over a month, to close at 87.33 (provisional) against the US dollar on Monday due to volatile crude oil prices amid tariff uncertainties worldwide and unabated outflow of foreign funds. A weaker American currency failed to support the local unit as a sell-off in the domestic equity market hit the sentiment adversely,