Poland’s reserve assets in August 2014
NBP data: As at the end of August 2014, Poland’s official reserve assets managed by NBP stood at EUR 77.4 bn, i.e. 102bn in US dollar terms.
On 5 September 2014, Narodowy Bank Polski posted its monthly release on the country’s official reserve asset holdings. According to the release, at the end of July 2014 these amounted to EUR 77.4bn and were up by EUR 98m on the previous month’s figure. In US dollar terms, Poland’s foreign exchange reserves had decreased, from ca. USD 103.5bn at the end of July, to almost USD 102bn end-August.
In managing foreign exchange reserves, Narodowy Bank Polski, while striving to maximize the return on the assets, gives priority to their safe investment and a requisite level of liquidity. NBP invests the funds 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 holdings of the NBP »