Data on the BRIC Nations...
Investors finally have access to currency-based ETFs for all four of the BRIC nations (Brazil, Russia, India and China). In November 2008, Rydex Investments launched the CurrencyShares Russian Ruble Trust (NYSE Arca: XRU), the first Russian currency play in the exchange-traded format. WisdomTree offers the only Brazilian currency fund, while both WisdomTree and Van Eck offer plays on the Chinese and Indian currencies.
Investors finally have access to currency-based ETFs for all four of the BRIC nations (Brazil, Russia, India and China).
AROUND THE WORLD OF ETFS
Morgan Stanley has teamed up with Van Eck Global to launch currency exchange-traded notes offering exposure to the Chinese renminbi and the Indian rupee. The Market Vectors - Chinese Renminbi/ USD ETN (NYSE Arca: CNY) and Market Vectors - Indian Rupee/USD ETN (NYSE Arca: INR) are the first exchange-traded products to offer exposure to those two currencies. They launched in mid-March on NYSE Arca.
New ETNs track renminbi, rupee.