FX rates 27.06.2019
All FX rates
EUR - 25.435 CZK
USD - 22.372 CZK
GBP - 28.444 CZK

CNB keeps interest rates unchanged

The CNB Bank Board kept interest rates unchanged. The two-week repo rate (2W repo rate) thus remains at 2%, the discount rate at 1% and the Lombard rate at 3%.

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O. Dědek sees no reason for rate hike in June

CNB Bank Board member O. Dědek said in an interview for Reuters that he saw no reason to vote for an interest rate increase at the nearest Bank Board meeting on 26 June.

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V. Benda sees room for another rate hike

CNB Bank Board member V. Benda said in an interview for Bloomberg that the overall balance of risks in the Czech economy was slightly inflationary but that he would carefully consider whether to vote for a rate hike at the next meeting on 26 June.

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Financial Soundness Indicators (FSIs IMF)

as of 31 March 2019

CNB Board decisions

Transcript of the questions and answers from the press conference

CNB Board decisions

Presentation and Statement

CNB keeps interest rates unchanged

The CNB Bank Board kept interest rates unchanged. The two-week repo rate (2W repo rate) thus remains at 2%, the discount rate at 1% and the Lombard rate at 3%.

Global Economic Outlook – June 2019

The latest issue of Global Economic Outlook is out now. The Focus section is devoted to the assessment of the monitored forecasts. The analysis shows, among other things, that 2018 surprised forecasters with lower-than-expected economic growth.

CNB conference The Future of Monetary Policy: What Can We See as the Dust Has Settled?

Videospot from the international conference The Future of Monetary Policy: What Can We See as the Dust Has Settled? held by the Czech National Bank on 16–17 May 2019 in Prague. The conference attended by leading representatives of other central banks and world-renowned economists formed part of this year’s celebrations of 100 years since the introduction of the Czechoslovak koruna (crown).

Key rates

1.00%

Discount Rate

2.00%

2W Repo Rate

3.00%

Lombard Rate

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Inflation

2.9%

May 2019

More about inflation

CNB current forecast

2.0%

Inflation
2020, Q2

2.0%

Inflation
2020, Q3

2.5%

GDP
2019

2.8%

GDP
2020

More about forecast

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...

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Heavyweight gold coin