The Following Are the Net Currency Positions of a U

The following are the net currency positions of a U.S.FI (stated in U.S.dollars) . $\begin{array}{lrrrr}\text { Currency} &\text { Assets } & \text { Liabilities } & \text { FX Bought } & \text { FX Sold } \\\text { British pound} &24,600 & 70,000 & 170,400 & 321,000 \\\text { Yen} &31,000 & 20,400 & 250,000 & 220,000 \\\text { Swiss franc} &10,200 & 9,800 & 8,000 & 10,800\end{array}$ How would you characterize the FI's risk exposure to fluctuations in the Swiss franc/dollar exchange rate?

A) The FI is net short in the franc and therefore faces the risk that the franc will rise in value against the U.S.dollar.
B) The FI is net short in the franc and therefore faces the risk that the franc will fall in value against the U.S.dollar.
C) The FI is net long in the franc and therefore faces the risk that the franc will fall in value against the U.S.dollar.
D) The FI is net long in the franc and therefore faces the risk that the franc will rise in value against the U.S.dollar.