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The Following Are the Net Currency Positions of a U

question 44

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.  Currency  Net Position  Canadian Dollar  +US $1,200  Euro -US $245,900  Japanese Yen  +US $505,000  Swiss Franc -US $36,700  British Pound  +US $447,900 \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 } & \text { +US \$505,000 } \\\hline \text { Swiss Franc } & \text {-US \$36,700 } \\\hline \text { British Pound } & \text { +US \$447,900 } \\\hline\end{array}
-What is the FI's total FX investment?


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