SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Rupee ends lower against US dollar on Monday

26 Jun 2023 Evaluate

The Indian rupee ended weaker against the US dollar on Monday amid geopolitical concerns and firming crude oil prices. Volatility in equity markets and FII outflows also weighed on the market sentiment. Traders were concerned as the Reserve Bank of India's (RBI) paper has said inflation is slowing down personal consumption expenditure, which in turn is moderating corporate sales and holding back private investment in capacity creation. On the global front, Russian rouble tumbled to its lowest in nearly 15 months against the dollar in early trade on Monday before paring losses, as investors responded for the first time to an aborted mutiny by heavily armed mercenaries in Russia over the weekend.

Finally, the rupee ended at 82.05 (Provisional), weaker by 9 paise from its previous close of 81.96 on Friday. The currency touched a high and low of 82.05 and 81.94 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:

×