SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Rupee depreciates against dollar amid continuous foreign capital outflow

30 Jan 2025 Evaluate

Indian rupee depreciated against the U.S. dollar on Thursday amid the strengthening American currency and continuous outflow of foreign funds. Traders took note of Moody's Analytics’ statement that India needs to change its fiscal and monetary policy to achieve a 6.4 per cent GDP growth in 2025 amid a weak rupee, declining foreign investment and volatile inflation. On the global front, yen made broad gains on Thursday as Japan looks on track to keep raising interest rates as others cut, with the European Central Bank seen certain to deliver just the latest in a string of easing today.

Finally, the rupee ended at 86.62 (Provisional), depreciated by 6 paise from its previous close of 86.56 on Wednesday. The currency touched a high and low of 86.65 and 86.56 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:

×