Mumbai, Feb. 27 -- The Indian rupee depreciated 2 paise to close at 87.21 (provisional) against US dollar as a muted trend in domestic markets and persistent foreign fund outflows weighed on investor sentiments. Latest tariff announcements from the US have sent shockwaves through global markets, strengthening the dollar. The dollar index witnessed a mild recovery on Thursday but still remains near 2025 lows amid uncertainty surrounding Trump tariff risks. President Trump confirms 25% tariffs on Canada, Mexico, and the EU but delays their implementation until April. Moreover, month-end dollar demand also boosted the American currency. Meanwhile, The benchmark 30-share BSE Sensex fluctuated in a narrow range before ending the session up 10....