Free Trial

Czech National Bank Keeps Rates & FX Regime Unchanged

CNB

The Czech National Bank kept interest rates and its FX regime unchanged, in line with expectations.

  • The two-week repo rate (2W repo rate) thus remains at 7%, the discount rate at 6% and the Lombard rate at 8%.
  • The Bank Board also decided that the CNB will continue to prevent excessive fluctuations of the koruna exchange rate.
  • A press conference for accredited journalists attended by Governor Aleš Michl will be held at 14:45GMT/15:45CET.
  • Statement can be seen here.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.