FX rates 28.06.2024
All FX rates
EUR - 25.030 CZK
USD - 23.386 CZK
GBP - 29.573 CZK

CNB Board decisions

Transcript of the questions and answers from the press conference

The CNB reorganises its Cash and Payments Department in Moravia

The independent Ostrava and Brno branches in the CNB Cash and Payments Department will be abolished and a Moravian Regional Division will be established. Martina Koudelová will become Director of the new organisational unit. This organisational change will not affect the scope of services provided to CNB clients and the public. The Bank Board made this decision at its meeting on 14 March 2024. The changes will take effect on 1 July 2024.

Minutes of the Bank Board Meeting on financial stability issues

Minutes of the Bank Board meeting on financial stability issues on 6 June 2024, reflecting discussions by Bank Board members.

Global Economic Outlook 6/2024 is out now

The June issue of Global Economic Outlook presents the regular monthly overview of recent and expected developments in selected territories. The analytical part of this issue assesses the forecasts included in GEO in 2023 and describes how successful each institution was. The article shows that 2023 was marked by a return to macroeconomic stabilisation after the turbulent 2022.

Eva Zamrazilová: Weighing 25 Bps or 50 Bps Cut to Czech Rate

„A stronger crown would rather be an argument for a larger drop in interest rates, on the other hand the risks in services prices are an argument for a smaller drop,“ said Deputy Governor Eva Zamrazilová in an interview with Reuters.

The CNB organized its first annual research workshop

The Czech National Bank organized its first annual research workshop on June 13-14, 2024, with the subtitle "Monetary and Financial Stability Policies in a Changing Economic Landscape." Researchers from European central banks and universities presented their contributions during the workshop. Keynote presentations were delivered by David Aikman from King's Business School and Phurichai Rungcharoenkitkul from the Bank for International Settlements.

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.

The older 1995–1999 versions of Czech banknotes have ceased to be legal tender. How can you identify the invalid banknotes most easily and where can you exchange them?

Key rates

3.75%

Discount Rate

4.75%

2W Repo Rate

5.75%

Lombard Rate

1.75%

CCyB
Rate

Inflation

2.6%

May 2024

CNB current forecast

2.3%

Inflation
2024

2.0%

Inflation
2025

1.4%

GDP
2024

2.7%

GDP
2025

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

  • All branches and regional offices of the Czech National Bank will return to full operation, five days a week, from Monday, 14 December 2020.
  • The standard opening hours for CNB clients and the public will be Monday to Friday from 7.30 am to 2.00 pm, with a lunch break from 11.30 am to 12.30 pm.
  • Before your visit, you can check the opening hours for each of our offices on the CNB website (Prague, Brno, Ostrava, Plzeň, Hradec Králové, České Budějovice and Ústí nad Labem).