CNB increases interest rates

At its meeting today, the CNB Bank Board increased the two-week repo rate (2W repo rate) by 125 basis points to 2.75%. At the same time, it increased the discount rate to 1.75% and the Lombard rate to 3.75%. The new interest rate levels come into effect on 5 November 2021.

A press conference for accredited journalists attended by Governor Jiří Rusnok will be held at 3.45 p.m. in the Small Hall of the CNB Congress Centre (entrance from Senovážné náměstí).

Accredited journalists must confirm their attendance at the press conference by e-mail (media@cnb.cz) or telephone (+420 224 412 013) by 3 p.m. today. 

Given the preventive measures to counter the spread of COVID-19, attending journalists must present a negative test for COVID-19, a COVID-19 vaccination record or documentation of recovery (positive test result dated no more than 180 days ago). The CNB will not provide tests on the spot for self-testing.

All persons present in the CNB premises must wear a respirator.

Markéta Fišerová
Director of the Communications Division and CNB Spokesperson