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Description
The S&P/TAIFEX RMB Indices are designed to track the performance of the inverse of the nearest quarterly month RTF or RHF futures contract traded on the Taiwan Futures Exchange (TAIFEX). The indices are calculated on a daily basis. The RTF and RHF futures contracts are quoted in Chinese renminbi (RMB) per U.S. dollar (USD), while the S&P/TAIFEX RMB Indices are denominated in USD.
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