SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Rupee strengthens against US dollar on Tuesday

09 Jun 2020 Evaluate

Indian rupee strengthened against the US dollar on Tuesday, tracking firm domestic equities amid sustained foreign fund inflows. Foreign Institutional Investors (FIIs) bought shares worth Rs 813.27 crore on Monday, exchange data showed. Meanwhile, investors are remained anxious over rising corona virus cases globally. The death toll in India due to corona virus rose to 7,466 and the number of infections rose to 2,66,598, while the number of cases around the world has crossed 71.19 lakh with death toll topped at 4.06 lakh.

The partially convertible currency is currently trading at 75.44, stronger by 11 paise from its previous close of 75.55 on Monday. The currency touched a high and low of 75.5400 and 75.4400 respectively. The reference rate for the dollar stood at 75.46 and for Euro stood at 85.84 on June 5, 2020. While the reference rate for the Yen stood at 69.03, the reference rate for the Great Britain Pound (GBP) stood at 95.47. 

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:

×