SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Rupee hits fresh all-time low of 96.95 against US dollar in early trade

20 May 2026 Evaluate
The Indian rupee slipped to a fresh all-time low of 96.95 against the US dollar in early trade on Wednesday, as elevated crude oil prices, uncertainty surrounding the Iran conflict and rising US Treasury yields continued to drive capital outflows from emerging markets. Foreign Institutional Investors turned net sellers after three consecutive sessions of buying, offloading equities worth Rs 2,457.49 crore on Tuesday, exchange data showed. The benchmark 10-year US Treasury yield surged to about 4.67%, while the 30-year yield hit 5.2%, its highest since 2007. US President Donald Trump warned that Washington could resume military strikes on Iran within two or three days if Tehran failed to accept US peace terms, despite previously cancelling a planned attack following appeals from Gulf allies. Meanwhile, persistent inflation concerns linked to the Iran conflict raised expectations that US interest rates may remain higher for longer. 

The partially convertible currency is currently trading at 96.84, weaker by 14 paise from its previous close of 96.70 on Tuesday. The currency touched a high and low of 96.9575 and 96.77 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: