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.
19/03/2026 11:30
This
analysis estimates the impact of temporary and permanent increases in oil
prices of various magnitudes on the Czech economy, inflation, interest rates
and the koruna exchange rate. In general, our estimate suggests that a
temporary 10% increase in oil prices would have only a limited impact on GDP
growth and inflation. However, a permanent increase of the same magnitude would
lead to visible inflationary pressures, higher interest rates and increased
government bond yields, accompanied by a more significant weakening of the
koruna. Nevertheless, the actual response may currently be milder than the
results presented, given the Czech economy’s gradually declining energy intensity.
The volatility of the koruna exchange rate is also less pronounced than in the
past, while depreciation is an important factor in transmitting the oil shock
to final prices.