Česká národní banka

Světlonoš

The CNB is the central bank of the Czech Republic
and the supervisor of the Czech financial market.

As an independent institution, the Czech National Bank maintains price stability, supervises the financial system and supports its balanced development, and ensures smooth circulation of money and smooth payments.

 


Declared FX rates

Cur. Unit 26.06.2017
eur EUR 26.240 CZK
usd USD 23.457 CZK
gbp GBP 29.878 CZK

show all declared FX rates

Key rates

2W Repo Rate: 0.05%
Discount Rate: 0.05%
Lombard Rate: 0.25%
Reserve Requirement: 2.00%

more about key rates

May  2017: 2.4%

more on inflation

CNB current forecast

Annual consumer price inflation:
2018, Q2 2.1%
2018, Q3 2.0%

more about forecast

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Did you know...

that the rear part of the CNB building once housed the Commodity Exchange and used to be the headquarters of Czech Television? The CNB purchased the building in 1994.

Macroeconomic Consequences of Brexit

Macroeconomic Consequences of Brexit

presentation by Bank Board member Oldřich Dědek for the Metropolitan University Prague (pdf, 487 kB)
Currency Exchange - Ten Golden Rules

Currency Exchange - Ten Golden Rules

Things to know before exchanging money in the Czech Republic.
Czech Money app

Czech Money app

Download the mobile device app on Czech banknotes and coins

Exit from the exchange rate commitment

Koruna

At its extraordinary monetary policy meeting on 6 April 2017, the Bank Board of the Czech National Bank decided to discontinue the use of the exchange rate as an additional instrument for easing the monetary conditions. By taking this step, the CNB returned to the conventional monetary policy regime, in which interest rates are the main instrument. The koruna exchange rate may thus fluctuate in either direction depending on demand and supply. However, the CNB stands ready to use its instruments to mitigate potential excessive exchange rate fluctuations.