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1. The following are the foreign currency positions of an FI, expressed in the foreign currency: Currency Assets Liabilities Macanese Pataca 74,394 23,758 British Pound
1. The following are the foreign currency positions of an FI, expressed in the foreign currency: Currency Assets Liabilities Macanese Pataca 74,394 23,758 British Pound 730,255 1,813,666 Danish Krone 1,200,532 1,730,189 The beginning spot exchange rates are: $1 = 8.08 patacas $1 = 0.77 pound sterling $1 = 6.46 krones The ending spot exchange rates are: $1 = 7.65 patacas $1 = 0.63 pound sterling $1 = 7.16 krones a. What is the FI's net exposure in Macanese Patacas ? b. What is the FIs net exposure in British Pounds? c. What is the FI's net exposure in Danish Krones? d. What is the $ gain or loss from the Macau currency? e. What is the $ gain or loss from the British currency? f. What is the $ gain or loss from the Danish currency? g. What is the total $ gain or loss from this FI's foreign exposure
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