17.11.2008 - New Russian Ruble ETF offers several interesting trading possibilities
From Seekingalpha.com: Rydex launched a ninth CurrencyShares ETF on the NYSE Arca platform Thursday, giving investors the first Russian ruble exchange traded fund. The fund, which trades under the ticker symbol XRU, offers U.S. investors a long ruble/dollar pair trade. It holds 1,000 rubles per share and closed 3 cents above its NAV of $36.36. The fund charges 0.40% in expenses, in-line with other CurrencyShares funds, and slightly cheaper than other emerging market currency funds..... Full Article: Source
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