By Deputy Governor Marek Mora and Executive Director of the Financial Stability Department Jan Frait
(Bank of International Settlement Papers No 113 15. 12. 2020 page 121)

An article From float to currency floor and back to float: the CNB's temporary exchange rate commitment (PDF, external link), published in the December 2020 issue of the Bank for International Settlements (BIS) Papers (external link), sums up the CNB's experience with the exchange rate commitment applied in 2013-2017, focusing on the effect of the exchange rate commitment on the money and bond markets.

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Ceska Narodni Banka published this content on 14 January 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 January 2021 14:21:05 UTC