SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Rupee weakens against US dollar in early trade on Monday

04 May 2026 Evaluate

The Indian rupee weakened against the US dollar in early trade on Monday as geopolitical tensions in West Asia and foreign fund outflows continued to pressure the currency. Foreign Institutional Investors offloaded equities worth Rs 8,047.86 crore on Thursday, exchange data showed. Meanwhile, market participants were awaiting the election results in five states and one Union Territory in India. However, some falls were limited by a decline in crude oil prices after US President Donald Trump announced 'Project Freedom', a naval initiative to escort and free up commercial vessels stranded in the Strait of Hormuz. 

The partially convertible currency is currently trading at 94.93, weaker by 9 paise from its previous close of 94.84 on Thursday. The currency touched a high and low of 94.95 and 94.80 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:

×