Assume an Australian FI has US$100 000 in assets and US$200 000 in liabilities. Further, the FI has bought US$40 000 and sold US$20 000. What is the net FX bought position of the Australian FI?
A) -US$20 000
B) US$20 000
C) US$80 000
D) US$100 000

Question

Quizplus · Accepted Answer

The net FX bought position is calculated as the difference between the amount bought and the amount sold. The FI bought US$40,000 and sold US$20,000, resulting in a net bought position of US$20,000.

Assume an Australian FI Has US$100 000 in Assets and US$200