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S&P gets real with renminbi and rupees for liquidity

Standard & Poor's has launched the first real-time currency indexes, the S&P Chinese Renminbi index and Indian Rupee index, designed to provide exposure to emerging economic countries that lack a liquid currency futures market.

The indexes - the first in a series of currency beta indexes - replicate the performance of the Chinese renminbi and the Indian rupee versus the US dollar, and represent the

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