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Check my work Citibank holds $25 million in foreign exchange assets and $20 million in foreign exchange liabilities. Citibank also conducted foreign currency trading activity
Check my work Citibank holds $25 million in foreign exchange assets and $20 million in foreign exchange liabilities. Citibank also conducted foreign currency trading activity in which it bought $7 million in foreign exchange contracts and sold $16 million in foreign exchange contracts a. What is Citibank's net foreign assets? (Enter your answer in millions.) b. What is Citibank's net foreign exchange bought? (Enter your answer in millions. Negative amount should be indicated by a minus sign.) c. What is Citibank's net foreign exposure? (Enter your answer in millons. Negative amount should be indicated by a minus sign.) 1 million Net foreign aus b. Not foreign exchange bought Not foreign exposure Imillion
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