Analysis of the impact of foreign exchange interventions of the Czech National Bank in the years 1993-2013

The bachelor thesis is analyzing the impact of foreign exchange intervention by Czech National Bank in years 1993 -- 2013. The main goal is to analyze and evaluate impact of realized monetary policies, especially of foreign exchange intervention, on real economics. First, I am elaborating on theoretical background of concept of central bank and I am trying to provide comprehensible explanation about its role in forming monetary policy of the country. Particular instruments and their application by Czech National Bank are also introduced. In practical section of the bachelor thesis I am showing usage of individual monetary policy tools in the past in the context of economically situation of the Czech Republic. The bachelor thesis presents to the reader basic idea about status and activity of the central bank of our country and about impact of realized measures on real economy