Exchange Rate in Czech Republic
Czech Republic - Exchange Rate
Czech koruna weakens in April amid political uncertainty
On 30 April, the Czech koruna (CZK) traded at 24.9 per EUR, which was 0.5% weaker than the CZK 24.7 per EUR recorded in the previous month and marked the first depreciation recorded so far this year. At the current level, the koruna is trading 2.7% weaker than in the same month last year. After an almost uninterrupted upward trend started at the beginning of this year, the koruna lost ground in April in the midst of the political impasse suffered when the government had to face a confidence vote in the Chamber of Deputies on 27 April. The government survived the vote but political uncertainty going forward may continue to hurt the currency in the short term. The Czech National Bank expects the koruna to average 24.9 per EUR this year, before strengthening to an average CZK 24.3 EUR in 2013.
Czech Republic - Exchange Rate Data
|Exchange Rate (vs USD)||19.89||22.83||24.82||25.64||21.29|
5 years of economic forecasts for more than 30 economic indicators.
Czech Republic Exchange Rate Chart
Source: Thomson Reuters.
Czech Republic Facts
|Bond Yield||1.85||-1.85 %||Jan 14|
|Exchange Rate||22.29||-0.66 %||Jan 14|
|Stock Market||1,001||-0.10 %||Jan 14|
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January 10, 2019
Consumer prices rose 0.1% from the previous month in December, rebounding from November’s 0.1% dip.
January 8, 2019
Industrial production rose 4.8% year-on-year in November, below October’s strong 6.7% increase.
January 2, 2019
The manufacturing Purchasing Managers’ Index (PMI) produced by IHS Markit slipped from 51.8 in November to 49.7 in December, the sixth consecutive monthly fall and the first contraction in over two years.
December 27, 2018
The economic sentiment indicator, a composite confidence indicator published by the Czech Statistical Office (CSO), dipped from 99.3 points in November to 98.6 in December, the lowest reading since July 2017.
Czech Republic: Central Bank stands pat at last meeting of the year after four consecutive rate hikes
December 20, 2018
At its 20 December meeting, the Bank Board of the Czech National Bank (CNB) decided to keep the two-week repo rate unchanged at 1.75%, following four consecutive rate hikes.