Did you know...
that the envelope sgraffiti on the house in Slavonice that features on the coin entitled “Late Renaissance – house gables in Slavonice” are so tiny that the reducing machine could not render them and they had to be added manually by an engraver?
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.
- Current statement of the Bank Board following the extraordinary monetary policy meeting of 6 April 2017
- Frequently asked questions on the exit from the commitment
- The exchange rate as a monetary policy instrument
28 Apr 2017 Banking statistics
28 Apr 2017 Harmonized monetary survey