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Poland’s reserve asset holdings in February 2018
Date: 07-03-2018
NBP data: At the end of February 2018, Poland’s official reserve assets, managed by Narodowy Bank Polski, stood at EUR 95.0bn, or USD 116.1bn in US dollar terms.
On 7 March 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 95.0bn at the end of February, having increased by EUR 0.6bn on the end-of-January 2018 figure. However, there was a decrease in the reserve holdings – as expressed in US dollars – of USD 1.5bn to the level of USD 116.1bn.
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 »