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.
Related commentary and analysis
Comments on macroeconomic indicators: Industrial prices are subdued
11/18/2019 12:26 PM
In October, industrial prices declined below the estimates. The development of Czech industrial prices reflects the disinflationary external conditions. After recent declines, the prices of food products increased again. Prices rise that are more connected with domestic demand. For the coming months, we expect roughly stagnating producer prices. The producer prices development is an argument against higher CNB interest rates.Autor: Michal Brožka