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Question
The following are the net currency positions of a U.S. FI (stated in U.S. dollars).
Note: Net currency positions are foreign exchange bought minus foreign exchange sold restated in U.S. dollar terms.
What is the portfolio weight of the Euro in this FI's portfolio of foreign currency?
A. +0.18 percent.
B. -36.62 percent.
C. +75.20 percent.
D. -5.47 percent.
E. +66.70 percent.
Answer
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