The following are the foreign currency positions of a London based FI, expressed in the foreign currency:

Currency Assets Liabilities

Brazilian Real 214,394 323,578

Thai Baht 158,369 75,877

The beginning spot exchange rates are: 1 = 4.982 Reals 1 = 37.0737 Baht

1 Real = 0.2007 1 Baht = 0.0270

The ending spot exchange rates are: 1 = 5.266 Reals 1 = 46.6342 Baht

1 Real= 0.1899 1 Baht = 0.02144349

e. Calculate the gain or loss from the Real currency exposure?

f. Calculate the gain or loss from the Baht currency exposure?

g. Calculate the total gain or loss from this FIs foreign currency exposure?