Poland’s reserve asset holdings in September 2018
NBP data: At the end of September 2018, Poland’s official reserve assets, managed by Narodowy Bank Polski, stood at EUR 97.1bn, or USD 112.9bn in US dollar terms.
On 5 October 2018, Narodowy Bank Polski released the monthly data on the country’s official reserve asset holdings. According to the release, these holdings expressed in euro terms amounted to EUR 97.1bn at the end of September 2018, and were on the same level as at the end of August. The stock of official reserves as expressed in US dollars decreased – by USD 0.4bn to USD 112.9bn.
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 reserve asset holdings of NBP »