NBP accumulates 700 tons of gold worth 355 billion zloty, plans more purchases

Poland's National Bank has reached its target of 700 tons in gold reserves, valued at 355.7 billion zloty. Bank president Adam Glapiński announced the institution has no intention of stopping further precious metal purchases. At the same conference, Glapiński acknowledged that the Monetary Policy Council's stance is notably more hawkish than a month ago, signaling growing concerns about inflation returning.

Similar stories

📈 Business NBP accumulated 700 tons of gold: Glapiński announces results Rzeczpospolita · 1d ago 📈 Business Glapiński: inflation has fallen, but November is crucial for interest rates Polsat News · 1d ago 📈 Business NBP keeps interest rates unchanged: reference rate remains 3.75% Interia Biznes · 2d ago