Poland’s reserve assets in March 2014
NBP data: As at the end of March 2014, Poland’s official reserve assets managed by NBP stood at EUR 74.8 bn, or 102.8 bn in US dollar terms.
On 7 April 2014, NBP posted the monthly release on the country’s reserve asset holdings. According to the release, at the end of March these amounted to EUR 74.8 bn, as compared with EUR 75.9 bn a month earlier. In US dollar terms, Poland’s foreign exchange reserves stood at 102.8 bn, against USD 104.4 bn a month earlier.
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 are 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 »