Poland’s reserve assets in October 2014
NBP data: As at the end of October 2014, Poland’s official reserve assets managed by NBP stood at EUR 79.7bn, i.e. 100.1bn in US dollar terms.
On 7 November 2014, Narodowy Bank Polski posted its monthly release on the country’s official reserve asset holdings. According to the release, at the end of October 2014 these amounted to EUR 79.7bn and were down by EUR 647.5m on the previous month’s figure. In US dollar terms, Poland’s foreign exchange reserves decreased by approx. 1.6bn to 100.1bn at the end of October.
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 kept in the form of term deposits at banks with a high credit standing, and in gold.
See: Official foreign reserve holdings of the NBP »