CNB cuts interest rate, pushing Czech crown to weakest level in almost two years
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Good intentions are behind the reduction in the interest rate, though, as the central bank hopes to stimulate spending and boost mortgages' accessibility.
Czech holiday calendar 2024: How many days will you get off next year?
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Next year will see 10 out of all 13 public holidays fall on weekdays, guaranteeing extra time off for much of the Czech workforce.
Czech National Bank removes major hurdle in securing a mortgage
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An upcoming change will mean that, from 2024, people with higher levels of debt and lower incomes have a much higher chance of acquiring a mortgage.
Czechia's highest-denomination banknote gets a 2023 reprint
Featuring First Republic President Tomáš Masaryk, the bill has the longest lifespan of all Czech banknotes.
Essential tips for American and British expats in need of a financial advisor in Czechia
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According to Aisa International, it’s vital to ensure that your financial advice comes from a regulated and reputable source.
You'll soon be able transfer money via mobile phone in Czechia
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A new project from the Czech National Bank will match bank accounts to phone numbers.
Losing value: Difficult times may be ahead for the Czech crown
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The Czech crown weakened in recent months amid a deceleration in inflation and an end to central bank foreign-exchange interventions.
Czech National Bank maintains interest rate at 7 percent
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Analysts expect the central bank to marginally reduce the rate until the end of 2023 due to lower inflation.
Czech crown continues impressive run: Where does your Czech money go furthest in Europe?
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Czechia's national currency recently hit a 15-year high against the euro. What does this mean if you're traveling outside of Czechia in Europe?
No cause for panic, yet – Czech banks safe from European banking troubles
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Strong liquidity and capitalization, combined with support from the Czech National Bank, safeguard banks against currently shaky European markets.
VIDEO OF THE WEEK: Thousands queue up for chance to get new, coveted banknote
With no way to order or reserve the notes online, some people queued overnight in sub-zero temperatures to get the special CZK 1,000 note.
