What is citibanks net foreign asset

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Reference no: EM13747854

Citibank holds $40 million in foreign exchange assets and $37 million in foreign exchange liabilities. Citibank also conducted foreign currency trading activity in which it bought $5 million in foreign exchange contracts and sold $11 million in foreign exchange contracts.

a. What is Citibank’s net foreign asset? (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: EM13747854

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