Mumbai, July 7 -- The Indian rupee fell sharply by 47 paise to close at 85.87 (provisional) against the US dollar, an over one week low on Monday amid recovering global crude oil prices and American currency regaining momentum after the sharp slide. Outflow of foreign funds fuelled by uncertainties over US President Donald Trump's trade tariffs put further pressure on the local unit. At the interbank foreign exchange, the rupee opened at 85.53 against the US dollar and traded in the range of 85.51-86.03 before settling at 85.87 (provisional), lower by 47 paise from its previous close. The domestic headline equity benchmarks closed little changed after a choppy session, as investors stayed cautious ahead of a potential breakthrough in US-I...