FX rates 10.01.2025
All FX rates
EUR - 25.090 CZK
USD - 24.343 CZK
GBP - 29.977 CZK

cnBlog – The euro and us: Crises and their reflection on financial market integration

How does financial market integration progress within the European Union? Are foreign exchange and stock markets equally aligned? These questions are explored in a blog article by Jan Babecký, Luboš Komárek and Zlatuše Komárková through the lens of beta- and sigma-convergence, using a sample of selected EU countries.

Changes in the management of the CNB Monetary Department

Petr Král, Executive Director of the Czech National Bank (CNB) Monetary Department, resigned from his managerial post on 6 January 2025. He has decided to leave the CNB at the end of January. The Bank Board has acknowledged this decision. The Monetary Department will be headed by its Deputy Executive Director Jakub Matějů until a new executive director is appointed.

Financial market inflation expectations – December 2024

Fourteen domestic and one foreign analyst participated in the December survey of financial market inflation expectations. The results of the survey clearly show that the average inflation forecast had shifted slightly upwards, both in the one-year and three-year time periods. The estimate for growth in GDP this year is unchanged, however, the outlook for next year is slightly less optimistic. The vast majority of analysts expected that the December monetary policy meeting of the CNB’s Bank Board would not bring any change in the setting of key interest rates. (pdf, 873 kB)

Payment statistics for 2024 H1

The CNB has published a detailed commentary on payment statistics for 2024 H1. It covers above all data on non-cash transactions such as the number of cards, outgoing payments and direct debits, the number of card transactions using terminals, the volume of credit transfers and the volume of ATM withdrawals. However, it also includes data on over-the-counter cash withdrawals and deposits.

Jakub Matějů to head the Macroeconomic Forecasting Division

Jakub Matějů, Deputy Executive Director of the Monetary Department of the Czech National Bank (CNB), has been appointed Acting Director of the department’s Macroeconomic Forecasting Division from 1 January 2025. The CNB Bank Board made this decision at its meeting on 5 December.

Effective 1 January 2025, the PRIBOR rates will be published with a 48-hour delay

Effective 1 January 2025, the PRIBOR rates shown on the CNB website will be published with a 48-hour delay. They may only be used in accordance with the conditions published by the Czech Financial Benchmark Facility s.r.o. (CFBF), the administrator of the PRIBOR benchmark.

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?

The CNB has prepared a web portal devoted to its financial and economic literacy activities for the public.

Read the CNB’s regular and occasional publications.

Key rates

3.00%

Discount Rate

4.00%

2W Repo Rate

5.00%

Lombard Rate

Inflation

2.8%

November 2024

CNB current forecast

2.5%

Inflation 2024

2.6%

Inflation 2025

1.0%

GDP 2024

2.4%

GDP 2025

Capital buffer rates

1.25%

CCyB rate

0.5%

SyRB rate

2.5%

O-SIImax rate

Limits on credit ratios

80%

LTV

– –

DTI

– –

DSTI

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).