SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Rupee weakens against US dollar on Wednesday

27 Nov 2024 Evaluate
Indian rupee weakened against the US dollar on Wednesday amidst muted domestic equity markets and as investors are awaited US Personal Consumption Expenditure (PCE) inflation for clues on the future path of Federal Reserve policy rates. However, a decline in the dollar index and foreign fund inflows have limited further losses in the domestic currency. Foreign Institutional Investors were net buyers in the capital markets on Tuesday, purchasing shares worth Rs 1,157.70 crore, exchange data showed.

The partially convertible currency is currently trading at 84.45, weaker by 16 paise from its previous close of 84.29 on Tuesday. The currency touched a high and low of 84.45 and 84.38 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:

×