FX rates 07.12.2022
All FX rates
EUR - 24.325 CZK
USD - 23.105 CZK
GBP - 28.154 CZK

Financial market inflation expectations – November

The data from the November survey suggest that the one-year inflation forecast rose considerably, while the three-year forecast was corrected down to levels estimated during summer. The estimate for GDP growth remains unchanged for this year, but the economic outlook for next year is less optimistic than in the previous round of the survey. Most of the analysts expect the 2W repo rate to remain unchanged until the end of this year but decline more slowly at the one-year horizon. (pdf, 900 kB)

Relationship between the MREL and macroprudential capital buffers

Thematic article by Lukáš Pfeifer and Libor Holub studies the impacts of the minimum requirement for own funds and eligible liabilities (MREL) on the effectiveness of macroprudential capital regulation of the banking sector.

GDP comes in slightly above the CNB forecast in 2022 Q3

The CNB comments on the GDP figures for 2022 Q3

Seminar with Professor Michael Weber in the CNB

The Czech National Bank and Czech Economic Society organized a seminar on Effective Monetary Policy Communication: The Role of the Message, Medium, and Messenger with Professor Michael Weber (University of Chicago) on Friday, 25 November 2022. The seminar was chaired by CNB Deputy Governor Marek Mora.

Provision of a general nature on setting the countercyclical capital buffer rate for the Czech Republic No. IV/2022

The CNB has issued a Provision of a general nature on setting the countercyclical capital buffer rate for the Czech Republic, leaving the countercyclical capital buffer rate unchanged at 2.5%.

Financial Stability Report – Autumn 2022

CNB press conference on the outcome of the autumn meeting on financial stability issues, presentation, audio, video

Termination of validity and exchange of CZK 100 to CZK 2000 banknotes with thin silvery thread

The older 1995–1999 versions of Czech banknotes have ceased to be legal tender. How can you identify the invalid banknotes most easily and where can you exchange them?

Learn more

Key rates

6.00%

Discount Rate

7.00%

2W Repo Rate

8.00%

Lombard Rate

1.50%

CCyB
Rate

Inflation

October 2022

CNB current forecast

9.1%

Inflation
2023

2.4%

Inflation
2024

2.2%

GDP
2022

-0.7%

GDP
2023

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).