Czech crown hits seven-year high vs. dollar: What it means for travel and investments
The national currency's recent rally spells good news for holidaymakers going to certain destinations: this may not be as good for investors, though.
Why experts say you should exchange Czech crowns before summer
Upcoming Czech National Bank interest rate decisions and US trade policies mean that the Czech crown will likely depreciate in the coming months.
Czech purchasing power drops for the first time in four years
On average, Czechs can afford less than last year, their purchasing power falling mainly due to the weakening crown against the euro.
Prague's most notorious exchange office loses license at last
A court has ruled in favor of the Czech National Bank, saying it is the bank's legal right to revoke the exchange office's license.
Losing value: Difficult times may be ahead for the Czech crown
The Czech crown weakened in recent months amid a deceleration in inflation and an end to central bank foreign-exchange interventions.
Prague Airport commits to better currency exchange rates for travelers
In a bid to improve its overall service, the airport will introduce a type of cap that prohibits grossly unfair exchange rates.
No cause for panic, yet – Czech banks safe from European banking troubles
Strong liquidity and capitalization, combined with support from the Czech National Bank, safeguard banks against currently shaky European markets.
The Biz Sheet: Weekly business news briefing for Czechia
A round-up of the top Czech and international business news, plus a look at the start-up scene, finance sector, and more.
Bloomberg: Czech crown was 'one of world's biggest winners' of pandemic
The national currency successfully weathered the economic turbulence of the past three years, in part due to Czech National Bank policies.
Can Czechia's single currency help it survive a recession?
Expats.cz asked economists whether euro adoption makes sense for the Czech Republic in volatile economic circumstances.
