FX rates 19.07.2024
All FX rates
EUR - 25.255 CZK
USD - 23.195 CZK
GBP - 29.968 CZK

Global Economic Outlook 7/2024 is out now

The July issue of Global Economic Outlook, which includes a foreword by Tomáš Holub, presents the regular monthly overview of recent and expected developments in selected territories. The analytical part of this issue focuses on the clear difference in the rate of economic growth between the large economies of the southern and western euro area and Germany in recent years.

Results of the 2024 Euro Survey

This year, we again conducted a survey of analysts on current economic issues related to the EU and the expected entry of the Czech Republic into the euro area. Following an initiative of the president of the Czech Republic, the topic of the introduction of the euro in the Czech Republic has come to the fore and is being discussed more often, meaning that – unlike in other years – the survey itself is highly topical. (pdf, 636 kB)

cnBlog – The impact of artificial intelligence on the labour market

This blog article by Jan Babecký from the CNB’s Monetary Department examines the impact of AI on the labour market. Considering past waves of automation and robotisation, he writes that the widespread use of AI can be expected to generate productivity gains, for example.

Eva Zamrazilová: The Czech economy after the inflation wave

Presentation by CNB Deputy Governor Eva Zamrazilová at the Citi FX Ladies RoundTable on 15 July 2024 (pdf, 480 kB).

cnBlog – The euro and us: Are living standards in the EU regions converging?

This blog article from the series The euro and us written by Luboš Komárek, Director of the External Economic Relations Division of the Monetary Department, and Jan Babecký from the Monetary Department’s Economic Research Division focuses on an area that affects every European: the prosperity of the region in which they live.

cnBlog – Annual assessment of the forecasts included in GEO in 2023

How successful were international institutions in predicting inflation and economic growth last year? 2023 was marked by a stabilisation of the macroeconomic environment following the unexpected external shock of Russia’s invasion of Ukraine in 2022. The invasion significantly reshuffled the original estimates of GDP growth and inflation for 2023. It also resulted in an energy crisis, which was one of the main causes of the inflation wave that subsided last year.

Read CNB Governor Aleš Michl’s selected speeches and interviews in which he explains how the central bank is fighting inflation and what steps it is taking to achieve price stability.

The older 1995–1999 versions of Czech banknotes have ceased to be legal tender. How can you identify the invalid banknotes most easily and where can you exchange them?

Key rates

3.75%

Discount Rate

4.75%

2W Repo Rate

5.75%

Lombard Rate

1.25%

CCyB
Rate

Inflation

2.0%

June 2024

CNB current forecast

2.3%

Inflation
2024

2.0%

Inflation
2025

1.4%

GDP
2024

2.7%

GDP
2025

Golden Rules for Bureau-de-Change Clients

  1. Change money only at designated bureaux de change. Before changing money, carefully read all the information given on the exchange rate list.
  2. The terms “purchase and sale of foreign currency” and the corresponding exchange rates, i.e. the information about the direction of the exchange, are given from the bureau de change’s perspective...

More about ten golden rules

CNB resumes operation of services at its branches

  • All branches and regional offices of the Czech National Bank will return to full operation, five days a week, from Monday, 14 December 2020.
  • The standard opening hours for CNB clients and the public will be Monday to Friday from 7.30 am to 2.00 pm, with a lunch break from 11.30 am to 12.30 pm.
  • Before your visit, you can check the opening hours for each of our offices on the CNB website (Prague, Brno, Ostrava, Plzeň, Hradec Králové, České Budějovice and Ústí nad Labem).