Dollar exchange rate risks to procurement of JSF

In a letter to the House of Representatives of 19 January 2016, the Court of Audit considered the risk of the higher euro/dollar exchange rate to the JSF (F-35) project.

It is impossible to predict with certainty how the euro will move against the dollar in the years ahead. It is known, however, that the government must enter into commitments and convert planned order series into contractual commitments during its current term. In the letter to the House, the Court of Audit considers the exchange rate risk and the instruments available to mitigate it.

The letter is only in Dutch available.

See also