Indian rupee weakened against the US dollar on Tuesday with caution ahead of the release of the Federal Open Market Committee meeting minutes on Wednesday. Moreover, strong US dollar and surge in crude oil prices also dampened rupee sentiments. However, Foreign Institutional Investors (FIIs) were net buyers in the capital market on Monday as they purchased shares worth Rs 1,995.92 crore, exchange data showed.
The partially convertible currency is currently trading at 81.95, weaker by 4 paise from its previous close of 81.91 on Monday. The currency touched a high and low of 81.9825 and 81.8725 respectively.
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.
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.
MoneyWorks4Me ensures this through: