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Poland's reserve assets in June 2016
Date: 07-07-2016
NBP data: At the end of June 2016, Poland’s official reserve assets, managed by Narodowy Bank Polski, stood at EUR 99.2bn, or USD 110.3bn.
On 7 July 2016, Narodowy Bank Polski released the monthly data on the country's official reserve asset holdings. According to the release, at the end of June 2016 these amounted to EUR 99.2bn, having risen by EUR 2.1bn on the level observed at the end of May. There was also an increase in the reserve holdings as expressed in US dollars - of USD 2.3bn, to USD 110.3bn.
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 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 »