SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Indian rupee weakens against dollar on Friday

23 Jan 2026 Evaluate

Indian rupee weakened against the U.S. dollar on Friday weighed by continued foreign fund outflows. The foreign institutional investors were the net sellers on Thursday’s session, offloading securities worth Rs 2,549.80 crore. Besides, traders reacted to quarterly earnings result for the December quarter. Meanwhile, market participants overlooked India’s flash Purchasing Managers’ Index (PMI) data report showed that business activity in the country’s private sector bounced back sharply in January 2026, after losing some momentum at the end of the 2025 calendar year. On the global front, the Australian dollar strengthened against other major currencies in the Asian session on Friday, as the Australia's robust PMI data signaled the Reserve Bank of Australia's (RBA) to be likely tighter monetary policy.

Finally, the rupee ended at 91.90 (Provisional), weakened by 32 paise from its previous close of 91.58 on Thursday. The currency touched a high and low of 92.00 and 91.41 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:

×