SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Indian rupee settles stronger against dollar

26 Apr 2022 Evaluate

Indian rupee ended stronger against dollar due to fresh selling of the American currency by banks and exporters. The rupee also derived its strength from strong gains in the local equity markets. Sentiments got boost with the Confederation of Indian Industry’s (CII) President TV Narendran stating that the country’s economy is likely to grow 7.5-8 per cent this fiscal year (FY23) with exports playing a key role in the country’s success story. Some optimism also came with report that India and the EU will return to the negotiating table to start serious talks for a free trade agreement (FTA) in June after a gap of nine years. On the global front, dollar soared to a two-year high on Tuesday and the euro hit its weakest since March 2020 amid concerns about the economic impact of China's COVID-19 lockdowns.

Finally, the rupee ended at 76.56 (Provisional), stronger by 8 paise from its previous close of 76.64 on Monday. The currency touched a high and low of 76.69 and 76.43 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:

×