FX rates 04.08.2020
All FX rates
EUR - 26.220 CZK
USD - 22.287 CZK
GBP - 29.023 CZK

T. Holub – Inflation around 3% is no drama

The current price growth of around 3% a year is temporary and is “no drama”, T. Holub said in an interview for Bloomberg. Therefore, the CNB probably won’t have to raise interest rates for at least a year, according to Mr Holub.

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T. Nidetzký – The CNB can avoid zero rates and unconventional instruments

Deputy Governor T. Nidetzký does not see a need to adjust its monetary policy, because concerns of disinflation related to the coronavirus crisis are not materialising so far, as he said in an interview for Reuters. The debate on unconventional instruments could therefore remain an intellectual exercise according to Mr Nidetzký.

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CNB Research News – 2Q/2020

The CNB publishes the second issue of the CNB Research News. This series covers an overview of latest articles and upcoming events in the area of economic and financial research.

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The household stress test

Thematic article by Jiří Gregor and Hana Hejlová presenting the methodology of the new stress test for households with a mortgage loan.

Attendance of CNB Bank Board members at the monetary policy meeting on 6th August 2020

All seven members of the Bank Board of the Czech National Bank will be attending the monetary policy meeting on 6th August 2020.

Financial Market Inflation Expectations – July

The results of the regular monthly survey of market expectations show that the average rate of expected inflation shifted upwards at the one-year and three-year horizons, while the estimated contraction of the economy is expected to be even bigger this year than the analysts expected in June.
(pdf, 450 kB)

CNB WP 1/2020 – Dynamics of Czech Inflation: The Role of the Trend and the Cycle

The research paper by Michal Franta and Ivan Sutóris is aimed at decomposing the Czech inflation time series into the trend and short-lived deviations from the trend.

Global Economic Outlook 7/2020 is out now

The July issue of Global Economic Outlook presents the regular overview of recent and expected developments in selected territories along with an analytical article focusing on instruments regulating mortgage loans. The article presents the key principles of macroprudential policy for safeguarding financial stability in the area of mortgage loans and summarises the academic literature exploring the impacts these instruments have on the real economy.

Payment statistics

The CNB publishes annual payment statistics, which now, for the very first time, include a commentary.

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


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Lombard Rate



June 2020

CNB current forecast


2021, Q2


2021, Q3





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