Poland’s reserve asset holdings in February 2019
NBP data: At the end of February 2019, Poland’s official assets, managed by Narodowy Bank Polski, stood at EUR 98.8bn, or USD 112.5bn.
On 7 March 2019, 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 98.8bn at the end of February 2019, i.e. EUR 0.2bn lower than at the end of January. In US dollar terms, the reserve holdings declined by USD 1.2bn, reaching USD 112.5bn.
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 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 »