SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Indian rupee weakens against US dollar on Monday

02 Mar 2026 Evaluate
The Indian rupee weakened against the US dollar on Monday as crude prices soared after the United States and Israel launched military strikes against Iran. The strikes resulted in the death of Iran's Supreme Leader Ayatollah Ali Khamenei, and dozens of other high-ranking officials. Rupee fell further by tracking weak domestic equities, strong American currency and massive withdrawal of foreign funds from Indian markets with data showing Foreign institutional investors offloaded equities worth Rs 7,536.36 crore on Friday. Rupee also reacted to the latest RBI data released on Friday showed India's forex reserve dropped by $2.119 billion to $723.608 billion during the week ended February 20.

The partially convertible currency is currently trading at 91.40, weaker by 32 paise from its previous close of 91.08 on Friday. The currency touched a high and low of 91.43 and 91.23 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:

×