Did you know...
that only silver and gold commemorative coins have a tradition in the Czech Republic? Commemorative coins made of base metals are not issued, even though the law allows the Czech National Bank to do so.
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
21 Apr 2017Global Economic Outlook
6 Apr 2017CNB ends exchange rate commitment
25 Apr 2017 CNB balance sheet
27 Apr 2017 Bank Board meeting
28 Apr 2017 Banking statistics
28 Apr 2017 Harmonized monetary survey