Adam Glapiński and Ambassador Tom Rose on Central Bank Cooperation and the Role of Gold

National Bank of Poland President Adam Glapiński received the United States Ambassador to Poland, Tom Rose, at the central bank's headquarters. An official statement issued by the NBP on Wednesday, February 25, 2026, indicates a wide range of topics discussed, from direct institutional cooperation to global financial trends. The meeting was also attended by Marta Kightley, serving as First Deputy Governor of the NBP, and Ashley Bartlett, representing the US Embassy's trade and investment department. Delegations from both sides exchanged views on the condition of both countries' economies in the context of the changing global macroeconomic architecture. A key element of the talks was the role of gold in central bank reserves. President Glapiński emphasized that Poland is actively increasing its bullion resources, continuing the trend of securing the country's financial stability. According to data from January 2026, the value of Polish gold exceeded 313 billion zloty. This strategy is part of a broader plan to increase the bullion volume to 700 tons, which was approved by the NBP board at the beginning of this year. The interlocutors' common position concerned the growing importance of bullion reserves as a safe asset in times of geopolitical uncertainty and changes in the G20 system, where both institutions strive for close coordination of actions. For several years, Poland has been pursuing one of the world's most aggressive gold purchase policies, aiming to strengthen credit credibility and the central bank's independence within European and global financial systems.An important point of discussion was also operational cooperation between the central bank and financial institutions from across the ocean. The interlocutors referred to "sharing common values," which in the language of economic diplomacy means confirming the stability of the strategic partnership between Warsaw and Washington. The exchange of information on changes in international finance aims to better prepare both economies for potential demand shocks or supply chain problems, which in recent years have posed a challenge to global trade. „Podkreślając dzielenie wspólnych wartości, w rozmowie odniesiono się m.in. do sytuacji makroekonomicznej w Polsce i w Stanach Zjednoczonych, współpracy gospodarczej, udziału NBP w pracach G20, a także współpracy banków centralnych obu państw.” (Emphasizing the sharing of common values, the conversation referred to, among other things, the macroeconomic situation in Poland and the United States, economic cooperation, the NBP's participation in G20 work, as well as cooperation between the central banks of both countries.) — NBP Statement In summary, the meeting was both courteous and working in nature, confirming Poland's key role as an economic partner of the USA in Central Europe. The increase in gold reserves from 550 tons to the planned 700 tons is a tangible signal of the strength of the Polish banking system, which Adam Glapiński informed the representative of the US administration about.