– Under no circumstances will the National Bank of Poland will gather reserves in Bitcoins – noted the NBP president Adam Glapiński. He added that although Bitcoin has risen and is of great value, this is nothing certain. He reminded that the central bank has reserves, among others in gold, euro and dollars.
During the Thursday press conference, the President of the National Bank of Poland assured that the Polish Central Bank “under no circumstances” will collect reserves in Bitcoins. “The reserves must be absolutely safe,” he emphasized.
He added that a lot of bitcoins can be said a lot, but “they are not a permanent, safe element of reserves.”
In this way he referred to the question whether the NBP would collect reserves in Bitcoins, as announced by the head of the Czech Central Bank Aless Michl, who would like to spend billions of euros to buy this cryptocurrencies.
NBP President of the reserves
– We want to collect the most certain (reserves). We collect them in gold, dollars, in euros. We also have marginal elements, because we have the right to have, for example, in company bonds, we even have shares – pointed out Glapiński.
He pointed out that there is a huge increase in value at gold reserves, which NBP has a huge increase in value. ” “The gold went and is still going incredibly up, because the times are restless,” he said, pointing out that Bitcoin also went up, has great value. – But this is nothing certain – said Glapiński.
He also noted that the NBP reserves are “really for exceptional situations”. He also pointed out that the high value of reserves increases the attractiveness of Poland in the eyes of investors and trade partners.
Central Bank reserves
– With such huge reserves we are always a safe partner, although we border with a highly restless region (…) we will be safe, knocking, even in an even more dangerous situation from a military, political point of view, with the reserves we have – assessed Glapiński.
The head of the central bank added that Poland has deployed gold reserves “very safe”.
Złoty reserves in the possession of the central bank currently amount to 450 tons. At the end of November last year It was 448.2 t., and the value of reserves in gold amounted to PLN 156.5 billion. The participation of reserves in gold entirely in official reserve assets at the end of November last year. over 17.6 percent At the end of November 2024, the state of official reserve assets of the NBP was PLN 890.3 billion.
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