FTSE World Parity Unit (WPU)

FTSE World Parity Unit (WPU) is a currency unit comprising a basket of developed and emerging currencies.

FTSE WPU represents an exchange rate between the basket of currencies and the US Dollar, providing a facility to control currency risks arising from exchange rate fluctuation and the erosion of purchasing power.

Index rules should be read in conjunction with supportingFTSE Russell noticesThese notices advise of advance changes in index methodology, which may not be reflected in index rules until the change effective date. The notices may also communicate revisions in index treatment in the period up to a rule change.