Poland’s reserve assets in January 2017
NBP data: At the end of January 2017, Poland’s official reserve assets, managed by Narodowy Bank Polski, stood at EUR 106.2bn or USD 113.7bn in US dollar terms.
On 7 February 2017, NBP released data on the country’s official reserve asset holdings. According to the release, these amounted to EUR 106.2bn as at the end of January 2017, i.e. EUR 1.9bn less than at the end of December 2016. There was also a decrease in the reserve holdings as expressed in US dollars ‒ of USD 0.7bn, to USD 113.7bn.
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 »