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Citibank holds $23 million in foreign exchange assets and $18 million in foreign exchange liabilities. Citibank also conducted foreign currency trading activity in which it
Citibank holds $23 million in foreign exchange assets and $18 million in foreign exchange liabilities. Citibank also conducted foreign currency trading activity in which it bought $5 million in foreign exchange contracts and sold $12 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 millions. Negative amount should be indicated by a minus sign.)
a.net foreign assets _____ million
b.net foreign exchange ______ million
c.net foreign exposure _______ million
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