Latvijas Banka issues the very first 2 euro commemorative coin of special design "Riga – European Capital of Culture 2014".

 
As a result of a national competition of ideas, it was decided that the Latvian 1 euro and 2 euro coins would feature a historic symbol: the profile of a Latvian folk maid, an image used on the silver 5 lats coin. 10 cent, 20 cent and 50 cent coins would feature the large coat of arms of the Republic of Latvia, whereas 1 cent, 2 cent and 5 cent coins would depict the small coat of arms of the Republic of Latvia. 
 
 

Highlights

  • Collector coin "Baltic Way"

    On 19 August 2014, Latvijas Banka is issuing a new 5 euro collector coin dedicated to the 25th anniversary of the Baltic Way - the peaceful demonstration, unique on an international scale, when about 2 million people from Estonia, Latvia and Lithuania joined their hands to form a human chain.

    Baltic Way

  • ECB's Convergence Report 2014

    In this report, Lithuania has been assessed in somewhat more depth than the other countries under review. This is because the Lithuanian authorities have expressed their country’s intention to adopt the euro as of 1 January 2015.

  • On the euro changeover in Lithuania

    The governors of the central banks of the Baltic States claim, that joining the euro area would strengthen not only Lithuania, but the whole Baltic region as well.

  • Shops and small businesses will receive leaflets about the new €10 banknote

    In preparation for the launch of the new €10 banknote on 23 September 2014, 3 million shops and small businesses across the euro area will receive information leaflets and motion cards about the new €10. The leaflet encourages the shops and businesses to ensure that their banknote handling and authentication devices are ready to accept the new €10

    10_07_ap

  • On first household finance and consumption survey in Latvia

    This year Latvia participates in the joint euro area project Household Finance and Consumption Survey for the first time. To obtain quality data on household financial structure and consumption habits, the CSB is going to interview over 4 000 households in Latvia.

Interest Rates

Effective from 11.06.2014
Marginal lending facility Fixed rate 0.40%
Main refinancing operations 0.15%
Deposit facility -0.10%

Exchange rates

29.08.2014
Currency Value*
USD 1.318800
RUB 48.740600
GBP 0.795300
JPY 137.110000
CHF 1.206100
*Currency units per 1 euro