S&P Currency Indices

The S&P Currency Indices measure the performance of a given named currency versus the U.S. dollar. Each index represents the performance of a rolling investment in three-month, non-deliverable, forward currency contracts. The indices are rebalanced every three months on the valuation date of the previous three-month contract. Each index has an excess return version, reflecting changes in forwards prices, and a total return version which adds a risk-free rate to the excess return index.

• S&P Chinese Renminbi Index – The index is designed to replicate the performance of the Chinese Renminbi versus the U.S. dollar
• S&P Indian Rupee Index – The index is designed to replicate the performance of the Indian rupee versus the U.S. dollar