SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Rupee depreciates against dollar on Thursday amid geopolitical tensions

08 May 2025 Evaluate

Indian rupee depreciated against the U.S. dollar on Thursday weighed down by heightened geopolitical tensions between India and Pakistan. Investors were cautious as S&P Global Ratings has said that the hostilities between India and Pakistan heighten risks to the credit metrics of both countries, and any escalation in clashes would put downward pressure on sovereign credit support. Traders ignored National Stock Exchange data showing that foreign portfolio investors stayed net buyers of Indian equities for the 15th straight session on Wednesday, as they bought stocks worth Rs 2,585.86 crore. On the global front, U.S. dollar strengthened against other major currencies in the European session on Thursday, after U.S. President Donald Trump said he would announce ‘a major trade deal with representatives of a big, and highly respected, country,’ without giving further details.

Finally, the rupee ended at 85.58 (Provisional), depreciated by 81 paise from its previous close of 84.77 on Wednesday. The currency touched a high and low of 85.77 and 84.52 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:

×