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Poland’s reserve assets in October 2020
Date: 06-11-2020
NBP data: At the end of October 2020, Poland’s official reserve assets, managed by Narodowy Bank Polski, stood at EUR 122.6bn, or USD 143.1bn in US dollar terms.
On 6 November 2020, Narodowy Bank Polski released monthly data on Poland’s official reserve asset holdings. According to the release, these holdings expressed in euro terms amounted to EUR 122.6bn as at the end of October 2020, i.e. EUR 3.5bn more than at the end of September 2020. In US dollar terms, the reserve holdings increased by USD 3.6bn, reaching USD 143.1bn.
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 in typical instruments used by central banks. The bulk of the reserves (over 70%) is invested in Treasury securities as well as securities issued by international institutions and government agencies. The remainder of the reserves is held as term deposits at banks with a high credit standing, and in monetary gold.
See: Official reserve asset holdings of NBP »