Poland’s reserve asset holdings in January 2018
NBP data: At the end of January 2018, Poland’s official reserve assets, managed by Narodowy Bank Polski, stood at EUR 94.4bn, or USD 117.5 in US dollar terms.
On 7 February 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 94.4bn at the end of January and had not changed significantly. The stock of official reserves expressed in US dollars stood at USD 117.5, an increase of USD 4.3bn on the end-of-December 2017 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 »