
- UID
- 223418
- 帖子
- 305
- 主题
- 8
- 注册时间
- 2011-7-11
- 最后登录
- 2014-8-2
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Used to think A...definitely B upon reflection
Net asset exposure = gain = positive CTA
BS under current rate (higher conversion) vs. Net income (lower conversion FX rate)
Thus, the BS amount will just be plain higher...I think |
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