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See Also
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Russian Ruble ETF
Investors wishing to speculate or invest in the Russian Ruble (RUB) have an ETF sponsored by CurrencyShares, a division of Rydex Investments. The CurrencyShares Russian Ruble Trust trades on the NYSE Arca exchange under symbol (XRU).
The Russian Ruble is the official currency of the Russian Federation (Russia), Abkhazia and South Ossetia and as of April 2007, average daily turnover of the Russian Ruble in the foreign exchange market is the seventeenth-most-traded currency in the world, accounting for approximately 0.8% of global foreign exchange transactions according to Rydex Investments.
The CurrencyShares Russian Ruble Trust (XRU) vital stats:
Symbol: XRU Exchange: NYSE Arca Expense Ratio: 0.40% Dividend Distribution: Monthly NAV or AUM: ~$1.5 Million as of 4/30/2009 CUSIP: 23130M 10 6 Inception Date: 11/10/2008
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