NEW DELHI, Aug 4: The rupee slipped 3 paise to close at 95.40 (provisional) against the US dollar on Tuesday amid elevated crude oil prices and weakness in domestic equities. Forex traders said a strengthening US dollar also put pressure on the domestic currency, but recent foreign fund inflows cushioned the fall. It eventually settled at 95.40, down 3 paise from its previous close. On Monday, the rupee settled at 95.37 against the American currency. However, elevated crude oil prices and US treasury yields may pressurise the rupee at higher levels,” said Anuj Choudhary, Research Analyst, Mirae Asset ShareKhan.