Latest news
Poland’s reserve assets in July 2018
Date: 07-08-2018
NBP data: At the end of July 2018, Poland’s official reserve assets, managed by Narodowy Bank Polski, stood at EUR 95.6bn or USD 112.1bn in US dollar terms.
On 7 August 2018, NBP released data on the country’s official reserve asset holdings. According to the release, these amounted to EUR 95.6bn as at the end of July 2018, i.e. EUR 2.1bn more than at the end of June. There was also an increase in the reserve holdings as expressed in US dollars – of USD 3.2bn to the level of USD 112.1bn.
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 »