FX rates 08.12.2021
All FX rates
EUR - 25.475 CZK
USD - 22.544 CZK
GBP - 29.760 CZK

Financial market inflation expectations – November

Twelve domestic and three foreign analysts took part in the CNB’s November survey. On average, they are expecting domestic economic activity to be lower this year and inflation to be higher at both the one-year and three-year horizons than they did one month ago. The majority of the respondents are expecting the CNB to continue to tackle rapid inflation and raise the 2W repo rate by a further 50 basis points in December.
(pdf, 930 kB)

GDP comes in above the CNB forecast in 2021 Q3

The CNB comments on the GDP figures for 2021 Q3

Provision of a general nature on setting upper limits on credit ratios No. I/2021

The CNB has issued a Provision of a general nature on setting upper limits on credit ratios LTV, DTI, DSTI. Entities authorised to provide consumer credit shall proceed pursuant to this provision of a general nature from 1 April 2022. (pdf, 250 kB)

Provision of a general nature on setting the countercyclical capital buffer rate for the Czech Republic No. IV/2021

The CNB has issued a Provision of a general nature on setting the countercyclical capital buffer rate for the Czech Republic, increasing countercyclical capital buffer rate to 2.00% with effect from 1 January 2023.

Update of Financial Stability Report 2020/2021

Presentation by CNB Governor Jiří Rusnok and Executive Director of CNB Financial Stability Department Jan Frait for the press conference (pdf, 685 kB)

CNB to reintroduce LTV, DTI and DSTI limits on mortgage loans and increase countercyclical capital buffer rate to 2%

On the basis of new statutory powers, the CNB Bank Board has decided to set limits on credit ratios for the provision of mortgage loans. With effect from 1 April 2022, mortgage lenders will again be required to comply with DTI and DSTI limits. The CNB Bank Board also decided to increase the countercyclical capital buffer (CCyB) rate by 0.5 percentage point to 2% with effect from 1 January 2023.

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

1.75%

Discount Rate

2.75%

2W Repo Rate

3.75%

Lombard Rate

0.50%

CCyB
Rate

Inflation

October 2021

CNB current forecast

3.7%

Inflation
2021

5.6%

Inflation
2022

1.9%

GDP
2021

3.5%

GDP
2022

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).