The data obtained in the regular monthly survey of market expectations suggest that the analysts' view on future economic developments is even less optimistic than a month ago. The estimated drop in GDP this year increased further, approaching -8%.
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FX rates 29.05.2020
All FX rates
EUR - 26.915 CZK
USD - 24.168 CZK
GBP - 29.878 CZK
T. Holub on economic outlook
Presentation by CNB Bank Board member Tomáš Holub for conference call with Bank of America Merrill Lynch Global Research held on 22 May 2020
Minutes of the Bank Board Meeting
Minutes of the Bank Board Meeting on 7 May 2020
Article detailCNB issues Inflation Report II/2020
At its meeting on 14 May 2020, the Bank Board of the Czech National Bank approved this year’s second Inflation Report. The Report is one of the core elements of the central bank’s communication with the public in the inflation-targeting regime.
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
3.2%
April 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