United Kingdom · Question · Written question
HL HL10424
Defence: Procurement
Introduced
1 October 2018
Last action
15 October 2018 · Answer
Status
Answered
Sponsors
—
Subjects
Defence
Source updated
15 October 2018
Summary
To ask Her Majesty's Government what is the value of the exposure of the Ministry of Defence to fluctuations in the value of the euro against the sterling; and how much of that exposure is hedged externally.
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Timeline
1 October 2018
Written question
To ask Her Majesty's Government what is the value of the exposure of the Ministry of Defence to fluctuations in the value of the euro against the sterling; and how much of that exposure is hedged externally.
Source: Lords
15 October 2018
Answer
At 1 April 2018 the Department expected to use 11.5 billion Euros in the 10 years from 2018-19 and had placed forward contracts for the value of 2.1 billion Euros in the three years from 2018-19 using services provided by the Bank of England.
Source: Written answer
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- · Ministry of Defence · Answering body
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Sources
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- Official source: https://questions-statements.parliament.uk/written-questions/detail/2018-10-01/HL10424
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/980155
- uk · wq-980155 · source updated 15 October 2018