Did you know...
that a standard gold bar is an internationally tradable bar that meets certain standards, most often those of the London Bullion Market Association (LBMA), especially purity of at least 995/1,000 and weight of between 350 and 430 troy ounces (most often 400 troy ounces, i.e. roughly 12,441 g, or simply 12.5 kg)? A bar must bear the mark of an internationally recognised producer, along with its number and its purity. Where the purity is not indicated, a certificate should be attached showing the company that tested the bar and the number and purity of the bar. There are only a few dozen issuing companies in the world.
In November 2013, the Czech National Bank decided to use the koruna exchange rate as an additional instrument for easing the monetary conditions. Since then, the Bank Board has repeatedly confirmed the validity of this exchange rate commitment. At its most recent meeting on 30 June 2016, the Bank Board stated again that the CNB would not discontinue the use of the exchange rate as a monetary policy instrument before 2017. The Bank Board considers it likely that the commitment will be discontinued in mid-2017.
- Current statement of the Bank Board following the monetary policy meeting of 30 June 2016
- The exchange rate commitment: how the CNB keeps the exchange rate close to CZK 27 to the euro
28 Jul 2016 Bank Board meeting
29 Jul 2016 Banking statistics
29 Jul 2016 National monetary survey