Brexit Delay Gives Brief Window for Possible Czech Rate Hike
CNB Bank Board member Tomas Holub delivered interview for Bloomberg news agency. He said if CNB needed to increase interest rates, it would make more sense to do so in the first half of the year rather than later when we’re uncomfortably close to Brexit again.
Article detailCNB launches new website
As from today, the Czech National Bank’s website has a more modern look and upgraded functionality. New graphics coupled with responsive design enable better browsing through the site’s content, which actively adjusts to end users’ devices when it displays.
Article detailThe CNB launches webpage for bureau-de-change clients
An amendment to the Act on Bureau-de-Change Activity strengthening the position of consumers takes effect on 1 April 2019. The most visible change is that clients will have the right to cancel a bureau-de-change transaction within three hours of its execution.
Article detailCNB current forecast
2.2%
Inflation
2019
2.0%
Inflation
2020
2.9%
GDP
2019
3.0%
GDP
2020
Golden Rules for Bureau-de-Change Clients
- Change money only at designated bureaux de change. Before changing money, carefully read all the information given on the exchange rate list.
- 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...
Heavyweight gold coin
