ABC Bank holds 550 million baht in foreign exchange assets and 350 million baht in foreign exchange liabilities. The bank also conducted foreign currency trading activity in which it bought 100 million baht in foreign exchange contracts and sold 200 million baht is foreign exchange contracts. What is FIN321's net foreign exchange exposure?

Answer rating: 100% (QA)

To calculate the net foreign exchange exposure you can use th... View the full answer