The paper discusses the policy of managing foreign exchange reserves in Poland. The aim is to assess changes in the size and adequacy of official reserve assets in Poland from 2004 to 2023. The main stress is put on the assessment of adequacy of official reserve assets with the most common indicators. The paper is based on the international literature and statistical data. Main sources of necessary data were taken from publications delivered by the International Monetary Fund, the World Bank, the Statistic Poland and the National Bank of Poland.