Currency reserves at €77.3 billion

As of the end of July 2014, the National Bank of Poland’s official reserve assets stood at €77.3 billion compared to €74.7 billion at the end of June, the NBP said. When calculated in US dollars, the reserve assets were $103.5 billion compared to $101.9 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.