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||1.07||-1.85 %||Sep 04|
|Exchange Rate||23.44||-0.66 %||Sep 04|
|Stock Market||1,028||-0.10 %||Sep 04|
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November 14, 2019
The economy grew 2.5% in year-on-year, seasonally- and price-adjusted terms in the third quarter, below the 2.8% upturn logged in the second quarter, according to a preliminary release by the Czech Statistical Office (CSO) on 14 November.
November 11, 2019
Consumer prices rose 0.5% from the previous month in October, contrasting September’s 0.6% drop which had marked the sharpest monthly fall in prices since September 2006.
November 7, 2019
On 7 November, the board of the Czech National Bank (CNB) decided to hold the two-week repo rate stable at 2.00%, marking the fourth consecutive hold and coming in line with market expectations.
November 6, 2019
Industrial production contracted 0.6% year-on-year in working day-adjusted terms in September, which followed a 1.2% dip recorded in August.
November 1, 2019
The manufacturing Purchasing Managers’ Index (PMI), produced by IHS Markit, inched up from 44.9 in September to 45.0 in October.