Cultural regions of Latvia of Courland, then as the Courland Governorate in the Russian Empire while Vidzeme and Latgale were politically separate, both from Courland and one from another. From this perspective, there are three regions: Kurzeme (including Zemgale and Sēlija), Vidzeme and Latgale. Such division is no longer commonly used but it can be seen in the coat of arms of Latvia and the "Monument of Freedom" in Riga both of which contain three stars: for Kurzeme, Vidzeme and Latgale, which were united into Latvia in 1918. Cultural regions of Latvia Cultural regions of Latvia are several areas within Latvia formally recognised as
Bank of Latvia a refinancing rate instrument, a rate for travel. In a situation where banks do not intend to actively use the instruments offered by the Bank of Latvia, the increase of the refinancing rate has a more signaling function. The Bank of Latvia is managed by the Bank's Board and Management Board. The council consists of 8 people: the president of the bank, his deputy and 6 members of the council. The Bank's Supervisory Council is managed by the President of the Bank of Latvia. The Governing Council of the Bank of Latvia takes decisions on behalf of the Bank of