Market Vectors Chinese Renminbi/USD ETN (CNY): Price and Financial Metrics ETF
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Market Vectors Chinese Renminbi/USD ETN (CNY) ETF Bio
The investment objective of the Market Vectors Chinese Renminbi/USD ETN seeks to replicate the S&P Chinese Renminbi Total Return Index. The index tracks the value of the Chinese RMB relative to the U.S. dollar. It follows the value of non-deliverable, three-month currency forward contracts that are rolled at three-month intervals and includes daily accrued interest.