Czech National Bank
The central bank of the Czech Republic, the Czech National Bank, or CNB, has an important role in running the fast developing and constantly changing Czech economy. It is responsible for monetary policy in the country – keeping inflation at acceptable levels and taking care of the Czech currency, Czech Koruna. These are not easy tasks, as the small Czech economy is very open and therefore vulnerable to external shocks and influences (the majority of economic activities involve entities outside the country and imports and exports are huge relative to the size of the Czech economy).
Czech National Bank Building
Czech National Bank main building is situated in the centre of Prague, at the place where the prime shopping street Na Prikope meets one of the busiest squares, Namesti Republiky. From the front, the building looks really magnificent, especially when sun and surrounding buildings are reflected in the central bank’s windows. The CNB building has some prestigious neighbours: the Municipal House, Powder Gate, or Hybernia Theatre.
How to Get to Czech National Bank
Using public transport, you can easily get to the Czech National Bank Headquarters from the metro or tram stops at Namesti Republiky (metro line B). Alternatively, you can get to CNB by walking down Na Prikope Street from the bottom of Wenceslas Square. Or, from the Old Town Square, you walk down Celetna Street towards the Powder Gate.