AppleBanana Bank holds 325 million baht in foreign exchange assets and 275 million baht in foreign exchange liabilities. The bank also conducted foreign currency trading activity in which it bought 70 million baht in foreign exchange contracts and sold 120 million baht is foreign exchange contracts. What is AppleBanana Bank's net foreign exchange exposure?

Answer rating: 100% (QA)

To calculate AppleBanana Banks net foreign exchange exposure we need to subtract t... View the full answer