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Poland’s reserve assets in March 2016
Date: 07-04-2016
NBP data: At the end of March 2016, Poland’s official reserve assets, managed by Narodowy Bank Polski, stood at EUR 88.5bn, or USD 100.5bn in US dollar terms.
On 7 April 2016, NBP released data on the country’s official reserve asset holdings. According to the release, as at the end of March 2016 these amounted to EUR 88.5bn, i.e. EUR 2.1bn less than the end of February. In US dollar terms, Poland’s official reserve assets increased by USD 1.6bn and stood at USD 100.5bn.
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 »