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Official Reserve Assets at the End of July
Date: 07-08-2013
NBP data: At the end of July, foreign exchange reserves accumulated by the NBP stood at nearly EUR 82.9bn, equivalent of over USD 110.1bn.
On 7 August, the National Bank of Poland released data on the stock of official foreign exchange reserves as at the end of July 2013. In euro terms, these reserves amounted to over EUR 82.9bn as compared to EUR 81.9bn at the end of June. Expressed in US dollars, official reserve assets increased from approx. USD 106.9bn at the end of June to approx. USD 110.1bn at the end of July.
The NBP invests foreign exchange reserves in typical instruments used by central banks. The bulk of the reserves is invested in treasury securities and certain amounts are held as securities issued by international institutions and government agencies. A fraction of the reserves is maintained in the form of term deposits at banks with a high credit standing and in gold.
See: NBP Official Reserve Asset Holdings »