Currencies

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.

Current rates

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

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: Inflation climbs upward once again

6/11/2019 1:35 PM

May’s inflation surprised us and the central bank with yoy growth of 2.9%. Together with significant wage growth, this ties into our view that the central bank will hike rates once more this year However, inflation will decelerate in the coming months due to the high comparison base and will gradually approach the central bank’s target.

Autor: Jana Steckerová
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