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Citibank holds $29 million in foreign exchange assets and $20 million in foreign exchange liabilities. Citibank also conducted foreign currency trading activity in which it
Citibank holds $29 million in foreign exchange assets and $20 million in foreign exchange liabilities. Citibank also conducted foreign currency trading activity in which it bought $6 million in foreign exchange contracts and sold $17 million in foreign exchange contracts. |
a. | What is Citibanks net foreign assets? (Enter your answer in millions.) |
Net foreign assets | $ million |
b. | What is Citibanks 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 Citibanks net foreign exposure? (Enter your answer in millions. Negative amount should be indicated by a minus sign.) |
Net foreign exposure | $ million |
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