Did you know...
that the CNB is headed by a governor? The governor is appointed by the president of the Czech Republic for a maximum of two terms of six years.
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.
- 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
27 May 2017Administrator’s notification
24 May 2017CNB balance sheet
31 May 2017 Banking statistics
31 May 2017 Harmonized monetary survey