Read CNB Governor Aleš Michl’s selected speeches and interviews in which he explains how the central bank is fighting inflation and what steps it is taking to achieve price stability.
Consumer prices in the Czech Republic are going up at a rate of around 2% a year. Maintaining low, stable and thus predictable inflation is the primary objective of the Czech National Bank.
The CNB Lab innovation hub is a platform that brings together the central bank’s activities in the area of innovation and modern technologies. It provides a single point of access to information on projects focused on artificial intelligence, digital assets testing and the future of payments.
By 2028, the Czech National Bank will hold 100 tonnes of gold – the most in its history – in its international reserves, gradually rebuilding the nation’s gold reserves. Why gold?
Payments are an essential part of our daily lives, and instant payments allow you to send money without the wait. How exactly do they work, and how can they make your life easier? Read more to find out.
The CNB has prepared a web portal devoted to its financial and economic literacy activities for the public.
Key rates
2.75%
Discount rate
3.75%
2W repo rate
4.75%
Lombard rate
Inflation
May 2026
Current CNB forecast
2.2%
Inflation 2026
2.4%
Inflation 2027
2.5%
GDP 2026
2.7%
GDP 2027
Capital buffer
rates
1.25%
CCyB rate
0.5%
SyRB rate
2.5%
O-SIIBmax rate
Limits
on credit ratios
80%
LTV
– –
DTI
– –
DSTI
Recommendations
for investment mortgages
70%
LTV Investment
7x
DTI Investment
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...
