FX rates 29.05.2020
All FX rates
EUR - 26.915 CZK
USD - 24.168 CZK
GBP - 29.878 CZK

T. Holub on economic outlook

Presentation by CNB Bank Board member Tomáš Holub for conference call with Bank of America Merrill Lynch Global Research held on 22 May 2020

Presentation (pdf, 628 kB)

Minutes of the Bank Board Meeting

Minutes of the Bank Board Meeting on 7 May 2020

Article detail

CNB issues Inflation Report II/2020

At its meeting on 14 May 2020, the Bank Board of the Czech National Bank approved this year’s second Inflation Report. The Report is one of the core elements of the central bank’s communication with the public in the inflation-targeting regime.

Article detail

Financial Market Inflation Expectations – May

The data obtained in the regular monthly survey of market expectations suggest that the analysts' view on future economic developments is even less optimistic than a month ago. The estimated drop in GDP this year increased further, approaching -8%.
(pdf, 698 kB)

Annual Report 2019

The CNB has issued its 2019 Annual Report containing information about the central bank's activities and financial performance. The dominant motif of the report is the symbol of the CNB - the statue of the Genius with a Lion, which is also an element of the central bank's new visual style.

Notice about the activities of GCI Financial Ltd.

The CNB wishes to warn the public about the activities of GCI Financial Ltd., offering trading in CFD and forex (FX) investment instruments via the ActTrader trading platform under the trade name Goldstarway. GCI Financial Ltd. has no authorisation to provide investment services or any other financial market services in the Czech Republic, and its activities are not supervised by the CNB.

Global Economic Outlook 5/2020 is out now

The current GEO issue contains a thematic article analysing the fiscal policy measures taken to support world economies. It provides an overview of the approaches of selected countries to supporting their economies and contains an analysis of the reasons for the fiscal stimuli and an assessment of the effectiveness of the current measures. It also warns that high debt may cause a long-lasting problem. As usual, the GEO monthly brings a regular overview of current and expected developments in selected territories.

Notice about the activities of ESOS International Ltd. and KADEKY INTERNATIONAL s.r.o.

The Czech National Bank wishes to warn the public about the activities of the company ESOS International Ltd. and its branch KADEKY INTERNATIONAL, which are offering trading in investment instruments via a trading platform. Neither ESOS International Ltd. nor KADEKY INTERNATIONAL s.r.o. have any authorisation to provide investment services or other financial market services in the Czech Republic, and their activities are not supervised by the CNB.

Changes in liquidity-providing repo operations as from 18 May 2020

The liquidity-providing repo operations in which the CNB provides financial institutions with liquidity secured by government bonds, T-bills or CNB bills are to change as from Monday 18 May 2020.

CNB versus coronavirus

The CNB is taking steps to support an economy hit by the coronavirus epidemic. You will find a comprehensive overview of everything that might interest you in connection with the coronavirus and the CNB at a special website.

Visit special website

Key rates

0.05%

Discount Rate

0.25%

2W Repo Rate

1.00%

Lombard Rate

Inflation

3.2%

April 2020

CNB current forecast

2.1%

Inflation
2021, Q2

2.1%

Inflation
2021, Q3

-8.0%

GDP
2020

4.0%

GDP
2021

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

  • On Monday 25 May, the Czech National Bank resumed teller services for the public to the full extent. 
  • It is now possible to exchange damaged banknotes and coins and use other services for the public at the CNB offices in Prague, Brno, Ostrava, České Budějovice, Hradec Králové, Plzeň and Ústí nad Labem.
  • The Czech National Bank is reopening the CNB Archive to the public from Monday 1 June 2020.
  • The Czech National Bank is reopening the People and Money exhibition in Prague and in Brno to the public from Tuesday 2 June 2020