FX rates 08.04.2020
All FX rates
EUR - 27.200 CZK
USD - 25.021 CZK
GBP - 30.928 CZK

Minutes of the Bank Board Meeting

Minutes of the Bank Board Meeting on 26 March 2020

Article detail

CNB relaxes credit ratio limits for new mortgages

The CNB Bank Board has relaxed the limits on three credit ratios used in assessing applications for new mortgages.

Article detail

CNB regards loan moratorium as economically justified

The CNB regards the draft law on some measures in the area of loan repayment in connection with the COVID-19 pandemic (the loan moratorium), prepared by the Ministry of Finance and approved by the Czech government on 1st April, as economically justifiable.

Article detail

CNB relaxes credit ratio limits for new mortgages

With immediate effect, the CNB Bank Board has today relaxed the limits on three credit ratios used in assessing applications for new mortgages.

Macroprudential Ring-Fencing

Tomáš Konečný, Lukáš Pfeifer
CNB RPN 4/2019

The Relationship between Capital and Liquidity Prudential Instruments

Thematic article on financial stability 1/2020 by Zlatuše Komárková, Martin Hodula and Lukáš Pfeifer analyses the relationship between the regulatory capital and liquidity instruments.

Financial Market Inflation Expectations – March

The analysts expect GDP to record a significant fall, the growth rate of nominal wages to slow considerably, monetary policy to ease further in the form of a decline in the key 2W repo rate, and inflation to return below the inflation target at the one-year horizon.
(pdf, 439 kB)

CNB Board decisions

Transcript of the questions and answers from the press conference

Provision of a general nature on setting the countercyclical capital buffer rate for the Czech Republic No. Ic/2020

The CNB Bank Board cuts the capital buffer rate for exposures located in the Czech Republic to 1,00%, with effect from 1 April 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

1.00%

2W Repo Rate

2.00%

Lombard Rate

Inflation

3.7%

February 2020

CNB current forecast

2.3%

Inflation
2021, Q1

2.1%

Inflation
2021, Q2

2.3%

GDP
2020

2.8%

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

Limited acces to CNB buildings

  • The cash counters have been closed until further notice in connection with the measures against the spread of the coronavirus. 
  • Services for the CNB's clients - the persons for whom the CNB maintains accounts - remain unchanged.
  • Cash are exchangeable only by post via the CNB's headquarters or out-of-Prague offices in Brno Ostrava, České Budějovice, Hradec Králové, Plzeň and Ústí nad Labem.
  • The CNB's special library, the archive and the People and Money exhibitions in Prague and Brno are also closed until further notice.