Central Bank of Latvia

Latvijas Banka (Bank of Latvia) is the central bank of Latvia. It is one of the key public institutions which carries out economic functions as prescribed by law.

The principal objective of the Bank of Latvia is to regulate currency in circulation by implementing monetary policy to maintain price stability in Latvia. Up to 31 December 2013, the bank was responsible for issuing the former Latvian currency, the lats. The administration of the Bank of Latvia is located in Riga. The fiscal year for the bank begins on 1 January and ends on 31 December.

WWW

Website of central bank: http://www.bank.lv/

Exchange rates

Bank of Latvia exchange rates as of 31st of December 2013 is now regulated by ECB.