Poland’s reserve assets in January 2016
NBP data: At the end of January 2016, Poland’s official reserve assets, managed by Narodowy Bank Polski, stood at EUR 91.5bn or USD 99.7bn in US dollar terms.
On 5 February 2016, NBP released data on the country’s official reserve asset holdings. According to the release, these amounted to EUR 91.5bn as at the end of January 2016, i.e. EUR 4.6bn more than at the end of December 2015. In US dollar terms, Poland’s foreign exchange reserves stood at USD 99.7bn, also representing an increase of USD 4.8bn as compared with the previous month’s figure.
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 foreign reserve holding of NBP »