foreign exchange contracts

foreign exchange contracts

Citibank holds $37 million in foreign exchange assets and $29 million in foreign exchange liabilities. Citibank also conducted foreign currency trading activity in which it bought $8 million in foreign exchange contracts and sold $17 million in foreign exchange contracts.

a.
What is Citibank’s net foreign assets? (Enter your answer in millions.)

Net foreign assets $ million

b. What is Citibank’s net foreign exchange bought? (Enter your answer in millions. Negative amount should be indicated by a minus sign.)

Net foreign exchange bought $ million

c. What is Citibank’s net foreign exposure? (Enter your answer in millions. Negative amount should be indicated by a minus sign.)

Net foreign exposure $ million
foreign exchange contracts

© 2020 customphdthesis.com. All Rights Reserved. | Disclaimer: for assistance purposes only. These custom papers should be used with proper reference.