Last week, the central bank sent markets an unequivocal signal by letting the peg expire, Krpata said, giving speculators plenty of time to bet on a stronger koruna. The Swiss National Bank is one of the world’s most respected and influential central banks. But when it comes to the sometimes touchy process of de-pegging a currency, SNB President Thomas Jordan & Co. could learn a thing or two from their Czech contemporaries.
As in most destinations, travellers will find it easier and cheaper to use their bank cards when paying in Prague. The exchange rate is normally maximum 1% when paying with a debit or credit https://www.coindesk.com/business/2021/10/13/republic-launches-60m-crypto-seed-fund/ card, which is cheaper than exchanging https://bitcoinczechia.com/ money in a bureau de change. To know if card payment is accepted in a store or restaurant, we recommend asking before making any purchase.
