This responsibility lies with the Czech National Bank, which is in charge of determining the country's benchmark interest rate. It is the two-week repo rate that acts as the official interest rate, and it is also the rate at which commercial banks are permitted to deposit surplus cash with the Central Bank at the end of the day, according to the rules of the Central Bank.
A higher than expected figure should be seen as positive (bullish) for the CZK while a lower than expected figure should be seen as negative (bearish) for the CZK.
Source:
Czech National Bank
Category:
Interest Rate
Units:
Percent
Latest Release
Previous:
7%
Consensus:
7%
Actual:
7%
Next Release
Date:
Nov 02, 13:30
Time left:
31 days
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