FX rates 11.08.2020
All FX rates
EUR - 26.155 CZK
USD - 22.194 CZK
GBP - 29.110 CZK

Meeting of CNB Board members with analysts

CNB’s New Forecast (Inflation Report III/2020)

Presentation    Video

Inflation Report III/2020 – Summary

The CNB publishes one week in advance the first section of the Inflation Report containing a summary of the economic situation and boxes. The Inflation Report will be published on 14 August 2020.

Summary of the Inflation Report III/2020

CNB 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%.

Details

Turnovers on the money market in the week of 13 – 17 July 2020

The survey on the daily average turnovers on the money market is carried out by the Czech National Bank regularly four times a year – always in ...

Turnovers on the foreign exchange market in the week of 13 – 17 July 2020

The Czech National Bank surveys the average daily turnovers on the foreign exchange market quarterly – in January, April, July and in October. ...

cnBlog – The CNB’s experience with research

New CNB blog post by Director of Financial Research Division Simona Malovaná on the importance of in-house research in central banks and the CNB’s experience.

CNB RPN 1/2020 – How to Organize Research in Central Banks: The Czech National Bank’s Experience

The research paper by Simona Malovaná describes the Czech National Bank’s experience with the implementation of a new research model, which was motivated by a weakened link between research outputs and their application. The changes implemented in 2017 have helped increase the relevance of research outputs and the flexibility of the whole process.

CNB Board decisions

Transcript of the questions and answers from the press conference

CNB Board decisions

Statement of the Bank Board and presentation for the press conference

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

0.05%

Discount Rate

0.25%

2W Repo Rate

1.00%

Lombard Rate

Inflation

3.3%

June 2020

CNB current forecast

2.2%

Inflation
2021, Q3

2.2%

Inflation
2021, Q4

-8.2%

GDP
2020

3.5%

GDP
2021

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