Among the world’s most intriguing emerging market economies, the BICS nations of Brazil, India, China and South Africa could soon be taking their place on the global financial stage. And thanks to our BICS CD Basket, you now have the power to diversify in the currencies of all five nations in a single account. Opportunity has clearly surfaced.
Here’s the distribution or weighting of the individual currency CDs that make up this CD Basket.
| Currency | Proportion |
| Brazilian real (BRL) | 20% |
| Indian rupee (INR) | 20% |
| Chinese yuan (CNH) | 20% |
| South African rand (ZAR) | 20% |
The displayed U.S. dollar-based currency exchange rates, inverse rates, and year-to-date performance figures are delayed and are based on indicative or “spot” currency exchange rates and do not reflect any actual market transactions. These rates and figures are illustrative only. They do not reflect Wholesale Rates available to us, the Customer Exchange Rates that we make available to customers at any point in time, or any spreads or other transaction costs. Past performance is not a guarantee of future results. We do not guarantee the accuracy of this data. See our Account Terms, Disclosures, and Agreement Booklet for more information on how we calculate our Customer Exchange Rates.
| Currency | Exchange Rate | Inverse | YTD | |
|---|---|---|---|---|
Brazilian real (BRL)
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Indian rupee (INR)
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Chinese yuan (CNH)
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South African rand (ZAR)
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TIAA Bank is a division of TIAA, FSB, an Equal Housing Lender and Member FDIC.
