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Poland’s reserve assets in March 2017
Date: 07-04-2017
NBP data: At the end of March 2017, Poland’s official reserve assets, managed by Narodowy Bank Polski, stood at EUR 104.7bn, or USD 112.0bn in US dollar terms.
On 7 April 2017, NBP released data on the country’s official reserve asset holdings. According to the release, as at the end of March 2017 these amounted to EUR 104.7bn, remaining almost unchanged from the level recorded at the end of February (an increase of EUR 47m). In US dollar terms, the reserve holdings stood at USD 112.0bn, having increased by USD 1.2bn as compared with the previous month’s figure.
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 »