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Citibank holds $ 3 3 million in foreign exchange assets and $ 2 6 million in foreign exchange liabilities. Citibank also conducted foreign currency trading
Citibank holds $ million in foreign exchange assets and $ million in foreign exchange liabilities. Citibank also conducted foreign currency trading activity in which it bought $ million in foreign exchange contracts and sold $ million in foreign exchange contracts. What is Citibanks net foreign exposure?
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To calculate Citibanks net foreign exposure we need to subtract its foreign exchange liabiliti...Get Instant Access to Expert-Tailored Solutions
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