SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Rupee weakens against US dollar in early trade on Thursday

23 Apr 2026 Evaluate
The Indian rupee weakened against the US dollar in early trade on Thursday after Brent crude oil climbing back above the $100-per-barrel mark amid a lack of progress in West Asia peace talks and as both Iran and the United States maintained restrictions on the flow of trade through the Strait of Hormuz. Moreover, firm American currency, massive selling of domestic equities and continued foreign fund outflows have also dampened rupee sentiments. Foreign Institutional Investors offloaded equities worth about Rs 2,078.36 crore on Wednesday, exchange data showed.

The partially convertible currency is currently trading at 94.07, weaker by 29 paise from its previous close of 93.78 on Wednesday. The currency touched a high and low of 94.17 and 93.98 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:

×