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Poland’s reserve assets in April 2016
Date: 06-05-2016
NBP data: At the end of April 2016, Poland’s official reserve assets, managed by Narodowy Bank Polski, stood at EUR 92.3bn, or USD 105bn in US dollar terms.
On 6 May 2016, NBP released data on the country’s official reserve asset holdings. According to the release, as at the end of April 2016 these amounted to EUR 92.3bn and were EUR 3.7bn higher than at the end of March. As expressed in US dollar terms they also increased, by USD 4.5bn, and stood at USD 105bn.
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 the 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: Official foreign reserve holding of NBP »