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Governor Vows To Increase Share Of Gold In Reserves, Cooperate With New Gov't

NBP

NBP Governor Adam Glapinski begins his press conference by announcing the Management Board's decision to increase the share of gold in the central bank's reserves to 20% from the current 12.6%. This is in line with the Governor's earlier suggestions amid attempts to increase the international credibility of Poland and its central bank

  • The Governor reiterates that he will try to cooperate with the new government, or any future government, in a smooth manner. He says that the NBP will not do anything that could threaten this cooperation and notes that he will not take any questions on this matter.

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