Bank of Latvia Bank of Latvia The Bank of Latvia () is the central bank of Latvia. It is one of the key public institutions and carries out economic functions as prescribed by law. It was established in 1922. The principal objective of the Bank of Latvia is to regulate currency in circulation by implementing monetary policy to maintain price stability in Latvia. Until 31 December 2013, the bank was responsible for issuing the former Latvian currency, the Lats. The Bank of Latvia administration is located in Riga. The fiscal year for the bank begins on 1 January and ends on 31 December.
Latvia in the Eurovision Song Contest 2010 As there was a tie for first place in the Super Final between Aisha and Dons, the votes of the televote took precedence, which Aisha won. Therefore Aisha was selected to represent Latvia with the song "What For? (Only Mr God Knows Why)", with Dons coming second and Ivo Grīsniņš-Grīslis coming third. Latvia competed in the first semi-final of the contest, on 25 May. However it was eliminated at the semi final stage, ending up last with 11 points. Latvia in the Eurovision Song Contest 2010 Latvia and Latvijas Televīzija (LTV) has confirmed participation at the Eurovision Song Contest 2010,