Poland's reserve asset holdings in November 2014
NBP data: As at the end of November 2014, Poland's official assets managed by NBP stood at EUR 80.7bn, or almost 100.4bn in US dollar terms.
On 5 December, Narodowy Bank Polski posted its monthly release on the country's of-ficial reserve asset holdings. According to the release, at the end of November 2014 these amounted to EUR 80.7bn, and were up by EUR 1bn on the previous month’s figure. In US dollars terms, Poland's foreign exchange reserves had increased by a little under USD 0.3bn to USD 100.4bn at the end of November.
In managing the foreign exchange reserves, Narodowy Bank Polski, while striving to maximize the return on the assets, gives priority to their safe investment and a requisite level of liquidity. NBP invests the funds in typical instruments used by central banks. The bulk of the reserves is invested in Treasury securities and certain amounts are held as secu-rities issued by international institutions and government agencies. A fraction of the re-serves is maintained in the form of term deposits at banks with a high credit standing and in gold.
See: Official foreign reserve holdings of the NBP »