Poland’s reserve asset holdings in December 2019
NBP data: At the end of December 2019, Poland’s official reserve assets, managed by Narodowy Bank Polski, stood at EUR 114.5bn, or USD 128.4bn in US dollar terms.
On 7 January 2019, Narodowy Bank Polski released the monthly data on the country’s official reserve asset holdings. According to the release, these holdings expressed in euro terms amounted to EUR 114.5bn as at the end of December 2019, i.e. EUR 5.6bn more than at the end of November 2019. In US dollar terms, the reserve holdings increased by USD 8.6bn, reaching USD 128.4bn.
In managing foreign exchange reserves, Narodowy Bank Polski – while striving to maximize the return on the assets – gives priority to their safe investment and the requisite level of liquidity. NBP invests in typical instruments used by central banks. The bulk of the reserves (over 70%) is invested in Treasury securities as well as securities issued by international institutions and government agencies. The remainder of the reserves is maintained in the form of term deposits at banks with a high credit standing and in monetary gold.
See: Official reserve asset holdings of NBP »