SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Rupee ends well on Monday; inflation data eyed

13 Feb 2012 Evaluate

Indian rupee ended strong on Monday aided by robust dollar inflows and a bounce back in local shares after an improvement in risk appetite as Greece’s parliament approved a deeply unpopular austerity bill to secure a second EU/IMF bailout and avoid national bankruptcy. A strong euro and regional counterparts too added fuel to the rally of Indian currency. However, the market will be awaiting inflation data due on Tuesday for clues on the Reserve Bank of India's rate action.

Finally the rupee ended at 49.21, stronger by 20 paise from its previous close of 49.41 on Friday. It has touched a high and a low of 49.53 and 49.13 respectively. The Reserve Bank of India's (RBI) reference rate for the dollar stood at Rs 49.3189 and for Euro it stood at Rs 65.3520 on February 13, 2012. While, the RBI's reference rate for the Yen stood at 63.56 the reference rate for the Great Britain Pound (GBP) stood at 77.8435. The reference rates are based on 12 noon rates of a few select banks in Mumbai.

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×