WOCU Semi Annual Re-Weighting
The re-weighting of the WOCU, The World Currency Unit, completed successfully today (15-11-2012) at 16 00 UTC.
The re-weighting procedure, overseen by the WDX Institute, was concluded in busy markets when one WOCU equalled approximately 1.6954 Dollars.
The WOCU has a universal application in the areas of FX risk management and currency neutrality because it reflects the World’s Twenty Top Economies and is re-weighted every half year.