Minutes of the Bank Board Meeting
Minutes of the Bank Board Meeting on 24 June 2020
Article detailCNB keeps interest rates unchanged
The CNB Bank Board kept interest rates unchanged. The two-week repo rate (2W repo rate) thus remains at 0.25%, the discount rate at 0.05% and the Lombard rate at 1%.
CNB partially relaxes mortgage limits and lowers countercyclical capital buffer rate
The Bank Board of the Czech National Bank today confirmed the LTV limit of 90% and abolished the DSTI limit. The CNB Bank Board lowered the countercyclical capital buffer rate to 0.5% with effect from 1 July 2020.
Article detail
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.
Key rates
0.05%
Discount Rate
0.25%
2W Repo Rate
Inflation
May 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
- 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...
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