What is citibank net foreign exchange bought

Assignment Help Financial Management

Reference no: EM132039256

Citibank holds $39 million in foreign exchange assets and $33 million in foreign exchange liabilities. Citibank also conducted foreign currency trading activity in which it bought $4 million in foreign exchange contracts and sold $14 million in foreign exchange contracts.

a. What is Citibank’s net foreign assets? (Enter your answer in millions.)

Net foreign assets $ million

b. What is Citibank’s 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 Citibank’s net foreign exposure? (Enter your answer in millions. Negative amount should be indicated by a minus sign.)

Net foreign exposure $ million

Reference no: EM132039256

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