SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

FIEO expresses concern over rupee depreciation as exporters facing uncertainty

31 Aug 2018 Evaluate

Expressing concerns over continues depreciation of the Indian currency, Federation of Indian Export Organisations (FIEO) has said that exporters are facing uncertainty due to this issue. FIEO President Ganesh Kumar Gupta has said that exporters are not able to negotiate properly prices of goods in the global markets.

Gupta said exporters are unable to hedge as they do not know where the rupee value would go tomorrow. With fluctuation in rupee value, he said that global buyers start asking for review of contracts. He added that only 20% exporters make profits due to the depreciation as they do not indulge in hedging practices and 80% do not get any benefit. Besides, exports grew by about 10% to $303 billion in 2017-18.

FIEO President further expressed hope that the rupee would stabilise at 67-68 in the coming days. Meanwhile, Indian rupee continued its fall and touched life-time low of 70.82 on August 30, 2018, on strong month-end demand for the US currency amid sustained foreign fund outflows.

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: