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The Following Are the Net Currency Positions of a U

Question 61

Multiple Choice

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.
CurrencyCanaclian DollayEuroJapane se YenSWiss: FiadcBritish Pound.Net Position+U.S. $ 1,200-U.S. $ 245,900+U.S. $ 505,000 -U.S. $ 36,700+U.S. $447,900\begin{array}{l}\begin{array}{lll}\text {Currency}\\\text {Canaclian Dollay}\\\text {Euro}\\\text {Japane se Yen}\\\text {SWiss: Fiadc}\\\text {British Pound.}\\\end{array}\begin{array}{lll}\text {Net Position}\\\text {+U.S. \$ 1,200}\\\text {-U.S. \$ 245,900}\\\text {+U.S. \$ 505,000 }\\\text {-U.S. \$ 36,700}\\\text {+U.S. \$447,900}\\\end{array}\end{array}
What is the portfolio weight of the Japanese yen in this FI's portfolio of foreign currency?


A) +0.18 percent.
B) -36.62 percent.
C) +75.20 percent.
D) -5.47 percent.

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