The Following Are the Net Currency Positions of a U

question 43

Multiple Choice

The following are the net currency positions of a U.S.FI (stated in U.S.dollars) . Note: Net currency positions are foreign exchange bought minus foreign exchange sold restated in U.S.dollar terms. $$\begin{array} { | l | r | } \hline { \text { Currency } } & \text { Net Position } \\\hline \text { Canadian Dollar } & \text { +US } \$ 1,200 \\\hline \text { Euro } & \text {-US } \$ 245,900 \\\hline \text { Japanese Yen } & + \mathrm { US } \$ 505,000 \\\hline \text { Swiss Frane } & \text {-US } \$ 36,700 \\\hline \text { British Pound } & \text { +US } \$ 447,900 \\\hline\end{array}$$ What is the FI's total FX investment?

• A)US $671,500.
• B)US $1,236,700.
• C)-US $671,500.
• D)-US $1,236,700.
• E)0

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