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Poland’s reserve asset holdings in June 2018
Date: 06-07-2018
NBP data: At the end of June 2018, Poland’s official reserve assets, managed by Narodowy Bank Polski, stood at EUR 93.5bn, or USD 109bn in US dollar terms.
On 6 July 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 93.5bn at the end of June, having decreased by EUR 2.7bn on the previous month’s figure. There was also a decrease in the reserve holdings as expressed in US dollars – of USD 2.8bn to the level of USD 109bn.
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 »