On the irrevocably fixed exchange rate of the lats to the euro

As the Bank of Latvia has already notified before, the changeover to the euro as of 1 January 2014 will be based on the current exchange rate of the lats to the euro set by the Bank of Latvia (0.702804), whereby each lats equals 1.42 euro. The irrevocable fixing of the lats conversion rate at this level will increase the support to the euro changeover in Latvia in the coming months.