Rogers International Commodity Index
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The Rogers International Commodity Index (RICI) was developed by Jim Rogers on July 31, 1998 to be an effective measure of worldwide raw materials price action. It is a broad-based representation of commodities intended to be global and diverse. [1]
It is a composite, U.S. dollar-based, total return index. The RICI® represents the value of a basket of commodities consumed in the global economy, ranging from agricultural to energy to metal products. The value of this basket is tracked via futures contracts on 36 different exchange-traded physical commodities, quoted in four currencies, listed on eleven exchanges in five countries.[2]
References[edit]
- ↑ About the Rogers International Commodity Index. RCGAI.
- ↑ Rogers International Commodities Index. RogersRawMaterials.com.