SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Rupee ends lower against greenback on geopolitical concerns

22 Feb 2022 Evaluate

Indian rupee ended considerably weak against dollar on Tuesday as geopolitical tensions escalated in the Eastern Europe. Sustained foreign fund outflows, lackluster trend in domestic equities and elevated crude oil prices also weighed on investor sentiment. Sentiments were fragile as military vehicles including tanks were seen on the outskirts of Donetsk, the capital of one of two breakaway regions, and Putin signed treaties with leaders of the two breakaway regions giving Russia the right to build military bases. Meanwhile, voicing ‘deep concern’ over the escalation of tension along the Russia-Ukraine border, India has told the UN Security Council that the immediate priority is de-escalation of tensions, taking into account the ‘legitimate’ security interests of all countries. On the global front, pound edged lower on Tuesday as investors fled to the relative safety of government debt and the low-yielding Swiss franc after Russian President Vladimir Putin ordered troops into two breakaway regions of eastern Ukraine.

Finally, the rupee ended at 74.84 (Provisional), weaker by 29 paise from its previous close of 74.55 on Monday. The currency touched a high and low of 74.99 and 74.70 respectively.

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: