3894

Citibank holds $37 million in foreign exchange assets and $29 million in foreign exchange liabilities. Citibank also conducted foreign currency trading activity in which it bought $8 million in foreign exchange contracts and sold $17 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