FX rates 23.12.2024
All FX rates
EUR - 25.165 CZK
USD - 24.218 CZK
GBP - 30.334 CZK

CNB Board decisions

Transcript of the questions and answers from the press conference

Global Economic Outlook 12/2024 is out now

The December issue of Global Economic Outlook presents the regular monthly overview of recent and expected developments in selected territories. The analytical part of this issue examines how events like the global financial crisis, the Covid-19 pandemic, the security crisis and the subsequent energy crisis have manifested themselves in the degree of (mis)alignment of individual parts of the financial market of selected countries.

CNB Board decisions

Statement of the Bank Board and presentation for the press conference

Alignment Analyses 2024 – how is the Czech economy faring in the context of the obligation to join the euro area?

The Czech National Bank has published the Analyses of the Czech Republic’s Current Economic Alignment with the Euro Area, an annual document that presents a long-term view of the Czech economy in the context of the country’s obligation to join the euro area. The document is based on the valid Euro-area Accession Strategy and its 2007 update.

cnBlog – A look at selected central banks’ balance sheets and finances

Over the past 15 years, the size of central banks’ balance sheets has increased considerably, reaching record levels in many cases around 2022. Since then, balance sheets have been shrinking in most cases, but are still high from a historical perspective. Vojtěch Molnár from the Monetary Department describes development of selected central banks‘ balance sheets and its effect on the central banks‘ finances.

Central Bank Monitoring IV/2024

The majority of the central banks under review, including the ECB and the US Fed, cut their interest rates in previous period. Several high-level ECB representatives made statements indicating possible shifts in the ECB’s monetary policy strategy. Spotlight focuses on development of central banks’ balance sheets. In selected speech, Bundesbank Vice-President discusses the economic impacts of climate change and the green transition and talks about their implications for central banks. (pdf, 695 kB)

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?

The CNB has prepared a web portal devoted to its financial and economic literacy activities for the public.

Read the CNB’s regular and occasional publications.

Key rates

3.00%

Discount Rate

4.00%

2W Repo Rate

5.00%

Lombard Rate

1.25%

CCyB Rate

Inflation

2.8%

November 2024

CNB current forecast

2.5%

Inflation 2024

2.6%

Inflation 2025

1.0%

GDP 2024

2.4%

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).