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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
PolandPoland Central Bank FX Reserves fell to 107.1B in February 2013
FMPMonthlyReleased March 2013
Poland Central Bank FX Reserves fell to 107.1B in February 2013, released March 2013, down 0.9B from January's 108B reading.
Latest Release
107.100000
Actual
—
Consensus
108.000000
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| EUR/USD | ▲ Direct | +0.30 | FOREX | Watch | → View |
| USD/JPY | ▼ Inverse | −0.30 | FOREX | Watch | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Watch | → View |
| S&P 500 | ▲ Direct | +0.30 | INDEX | Watch | → View |
| BTC/USD | ▲ Direct | +0.30 | CRYPTO | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Central Bank FX Reserves (Poland) was reported at 107.10 billion in March 2013. The reading fell from the previous value of 108.00 billion.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with BTC/USD (Watch). A secondary relationship exists with USD/JPY, negatively correlated (Watch).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Unemployment Rate (Jun 24) and Inflation Rate YoY (Jun 30).
Auto-generated from current model state · Refreshes on each release · Last update March 2013.
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Central Bank FX Reserves - PL
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About Central Bank FX Reserves — Poland
DEFINITION
Central Bank FX Reserves refer to the amount of foreign currency held by a country's central bank. These reserves are used to support the stability of the country's currency and economy, as well as to intervene in the foreign exchange market when necessary. They are an important indicator of a country's ability to manage its currency and external financial obligations. Changes in Central Bank FX Reserves can reflect economic and political developments, and are closely monitored by investors and analysts as a measure of a country's financial strength and stability.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Mar 2013): actual 107.1 B.