Central bank reserves at €77.4 billion

As of the end of August 2014, the National Bank of Poland’s official reserve assets stood at €77.4 billion, €98 million higher than at the end of July, the NBP said. When calculated in US dollars, the reserve assets were $102 billion compared to $103.5 billion at end-June. The NBP invests foreign currency reserves in treasury securities, as well as securities issued by international institutions and governmental agencies. A small part of the assets is kept on deposits and in gold.