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Poland’s reserve asset holdings in August 2018
Date: 07-09-2018
NBP data: At the end of August 2018, Poland’s official reserve assets, managed by Narodowy Bank Polski, stood at EUR 97.1bn, or USD 113.3bn in US dollar terms.
On 7 September 2018, Narodowy Bank Polski released the monthly data on the country’s official reserve asset holdings. According to the release, these holdings expressed in euro terms amounted to EUR 97.1bn at the end of August 2018, which represents an increase of EUR 1.4bn on the end-of-July 2018 figure. The stock of official reserves expressed in US dollars also increased – by USD 1.1bn to reach USD 113.3bn.
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 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 reserve asset holdings of NBP »