Poland’s reserve asset holdings in March 2019
NBP data: At the end of March 2019, Poland’s official reserve assets, managed by Narodowy Bank Polski, stood at EUR 100.8bn, or USD 113.0bn in US dollar terms.
On 5 April 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 100.8bn at the end of March 2019, i.e. EUR 2.0bn more than at the end of February 2019. In US dollar terms, the reserve holdings increased by USD 0.5bn, reaching USD 113.0bn.
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 »