After nine years, the CNB will resume the sale of part of the income from foreign exchange reserves

“Starting in January 2022, the CNB will gradually sell part of the income from foreign exchange reserves on the foreign exchange market. The transactions will be carried out in such a way that their effect on the exchange rate is minimal, “said the central bank.

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At the end of September, the CNB’s foreign exchange reserves increased by EUR 12.8 billion year on year to EUR 147.2 billion (CZK 3.77 trillion). Compared to August, they were higher by about 2.5 billion euros.

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