Rupee falls 27 paise to close at 82.05 against US dollar

The Indian rupee fell 27 paise to close at 82.05 against the US dollar on Tuesday due to a strong greenback against major rivals overseas, and dull activity in local equities. The rupee faced a high of 81.83 and a low of 82.15 against the greenback. However, soft crude oil prices blocked some of the downside. According to analysts, FII inflows might assist the rupee at lower levels, but investors could remain cautious ahead of inflation data from India and the US later this week.