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Brazilian Currency Re-Enters WSJ Dollar Index
The WSJ Dollar Index will get a new member next week: the Brazilian real.
The addition will bring the index to 17 currency pairs against the greenback. The Wall Street Journal launched the index, ticker BUXX, in 2012.
The index measures the dollar against a basket of currencies weighted by foreign-exchange trading volumes. That data is based on a triennial report by the Bank for International Settlements. Inclusion in the index is restricted to dollar-currency pairs that account for at least 1% of global turnover.
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