Award validating the performance of the security of the worth of the Polish currency

[PRESSWIRE] Warsaw – 23 March 2023– Narodowy Bank Polski is pleased to reveal that it has actually won an award verifying the effectiveness of the security of the worth of the Polish currency and currency management by Narodowy Bank Polski– Central Banking ‘Currency Manager’ Award. The award was given for currency management in the face of the Russian hostility versus Ukraine. NBP and the NBU were identified for their definitive and quick action. Teacher Adam Glapiński, the Governor of NBP, commented the approving of the award: “On behalf of Narodowy Bank Polski, which I am honoured to govern, I want to reveal our pleasure that the current edition of the Central Banking ‘Currency Manager’ Award has actually been given collectively to 2 carefully complying reserve banks– Narodowy Bank Polski and the National Bank of Ukraine. The award verifies the effectiveness of the defense of the worth of Polish currency and currency management by Narodowy Bank Polski. “Even though the cooperation in between our banks has actually continued for years, it got an unique character and value in the face of Russia’s bestial attack on Ukraine, which triggered, to name a few things, high inflation, interruptions to monetary circulations in addition to a big increase of refugees from Ukraine, of whom around 1.5 million still discover shelter in Poland. “In action to the crisis triggered by the Russian aggressiveness, Narodowy Bank Polski carried out various help procedures assisting Ukrainian residents through supporting Ukraine’s reserve bank in preserving the connection of the nation’s monetary system, such as the swap line for the currency set USD/UAH as much as USD 1 billion, in-kind assistance, putting the topic of backing Ukraine o
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