Given the following information on foreign currency positions (all in $ thousands) for Eastpac Bank. Currency...
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Given the following information on foreign currency positions (all in $ thousands) for Eastpac Bank. Currency Assets Liabilities FX Bought FX Sold Euro 270 70 170 320 Yen 90 90 20 20 100 220 What is Eastpac Bank's net exposure (in $ thousands) in Japanese Yen and its exposure to the fluctuation in the AU$/Japanese Yen exchange rate? a. -50, exposed to the depreciation in Japanese Yen b. +50, exposed to the appreciation in Japanese Yen c. 0, not exposed to the fluctuation in Japanese Yen exchange rate d. -50, exposed to the appreciation in Japanese Yen e. +50, exposed to the depreciation in Japanese Yen Given the following information on foreign currency positions (all in $ thousands) for Eastpac Bank. Currency Assets Liabilities FX Bought FX Sold Euro 270 70 170 320 Yen 90 90 20 20 100 220 What is Eastpac Bank's net exposure (in $ thousands) in Japanese Yen and its exposure to the fluctuation in the AU$/Japanese Yen exchange rate? a. -50, exposed to the depreciation in Japanese Yen b. +50, exposed to the appreciation in Japanese Yen c. 0, not exposed to the fluctuation in Japanese Yen exchange rate d. -50, exposed to the appreciation in Japanese Yen e. +50, exposed to the depreciation in Japanese Yen
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