Polish gold reserves brought home - central bank

Around 100 tonnes of Polish gold has been brought to the country, the National Bank of Poland (NBP) announced on Monday.

The gold will be stored in the central bank's treasury, NBP added.

NBP said in July that in 2018-2019 its gold reserves had increased by 125.7 tonnes, to 228.6 tonnes, adding that nearly half of the gold will be moved to Poland and stored in the central bank.

NBP President Adam Glapiński told a Monday press conference that Poland has adequate levels of gold reserves and did not exclude the possibility of increasing their levels in the coming years.

Poland's overall gold reserves are worth some PLN 42.3 billion (EUR 9.84 billion). Half of the reserves, 123 tonnes, remain in England, said Glapiński.