FX market is a global market with a very high liquidity and trade volumes. This global market is open 24/7 except for the weekends and a few selected public holidays. The interbank trades are done through electronic systems EBS and Thomson Reuters Dealing. FX market is decentralized, which means there is no central exchange and the trades are realized on the over-the-counter (OTC) basis. Komerční banka enables access to this market through dealing and KB eTrading electronic platform.
The quotes are derived from the current rates on the interbank market. The bid-offer spread represents the spread for a typical client trade.
Exchange rates list states the rates at which it is possible to buy or sell foreign currencies for Czech Crowns at any KB branch in cash (banknotes) or cashless transactions.
29/10/2025 17:55
Following
a temporary slowdown, we expect the economy to pick up again next year In 2H25, we forecast a significant
deterioration in Czech economic performance, as the impact of US tariffs shifts
from positive to negative. However, we expect economic growth in 2026 will be supported
by a strong fiscal stimulus from the likely new government. We forecast GDP
growth of 2.1% this year, driven by what was a very solid 1H25, before slowing
to 1.6% in 2026. Inflation
to fall below 2% in 2026 before rising above the CNB’s target again We expect lower energy and fuel
prices, including the effect of the planned transfer of payments for renewable
energy sources from households to the state, to push inflation below the
central bank’s 2% target next year. However, subsequent price developments are
likely to be affected by a recovery in domestic demand driven by expansionary
fiscal policy. We estimate inflation of 2.4% in 2025 and 1.5% in 2026.