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Hi group.
I want to use AB to calculate the USD index from the value of the EURUSD USDCAD USDSEK USDJPY GBPUSD USDCHF data.
Their site references the formula as per attachment.
I do not understand the II6=(spot rate.. part.
Is this Pi * 6
Or sum of the Spot Rate ^ currency weight?
Can anyone shed any light on this?
Regards
ChrisB
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