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CNB 2 week Repo Rate, interest rate central bank Czech Republic
Charts - historic CNB interest rates
Graph Czech interest rate CNB - interest rates last year |
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Graph Czech interest rate CNB - long-term graph |
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Czech National Bank (CNB)
The primary objective of the central bank of the Czech Republic is to achieve and maintain price stability - a low level of inflation - which should help achieve sustainable economic growth. With its monetary policy the Czech central bank is striving for a low level of inflation. For an overview of current CPI inflation in the Czech Republic, click here. For current inflation in the Czech Republic based upon HICP, click here. Next to that is the CNB issuing banknotes and coins and is it managing the money flow and payment system.
CNB 2 week repo rate
When reference is made to the Czech interest rate this often refers to the CNB 2 week repo rate. Changing the two week repo rate (base rate) is an important tool to maintain price stability. It concerns a short term loan with a maturity of 2 weeks. When the 2 week repo rate is being altered the interbank rate will change in the same direction most of the time, which has consequences for the interest rate level of bank products like savings accounts, mortgages and loans.
This page shows the current and historic values of CNB’s 2 week repo rate.
For a summary of the current interest rates of a large number of central banks please click here.
Tables - current and historic interest rates of the central bank of the Czech Republic
CNB latest interest rate changes
| may 07 2020 |
0.250 % |
| march 26 2020 |
1.000 % |
| march 16 2020 |
1.750 % |
| february 06 2020 |
2.250 % |
| may 02 2019 |
2.000 % |
| november 02 2018 |
1.750 % |
| september 26 2018 |
1.500 % |
| august 02 2018 |
1.250 % |
| june 27 2018 |
1.000 % |
| february 01 2018 |
0.750 % |
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Summary of other central banks’ interest rates
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