ETF Securities has listed 22 new exchange-traded currencies (currency ETCs) on the London Stock Exchange, including two which provide long or short exposure to Chinese and Indian currencies, the first time this has been offered through ETCs in the European market.
The currency ETCs are all based on Morgan Stanley's MSFX Indexes. The Chinese renminbi and Indian rupee are accessed through the use of non-deliverable forward contracts to track the rise or fall in the value of the currencies. These c
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