Poland’s reserve assets in July 2022
NBP data: At the end of July 2022, Poland’s official reserve assets, managed by Narodowy Bank Polski, stood at EUR 154.1bn, or USD 157.6bn in US dollar terms.
On 5 August 2022, 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 154.1bn as at the end of July 2022, i.e. EUR 6.4bn more than at the end of June 2022. In US dollar terms, the reserve holdings increased by USD 3.3bn, reaching USD 157.6bn.
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 (over 72%) is invested in Treasury securities as well as securities issued by international institutions and government agencies. The remainder of the reserves is maintained in the form of term deposits at banks with a high credit standing and in monetary gold.
See: Official reserve asset holdings of NBP »