The Ethnographic Open-Air Museum of Latvia The Ethnographic Open-Air Museum of Latvia The Ethnographic Open-Air Museum of Latvia () is an open-air museum located just outside Riga, the capital of Latvia, on the lightly wooded shores of Jugla Lake. In 1924, the Latvian Council of Monuments signed an order to create the open-air museum in Riga. The idea for the new museum was inspired by open-air museums in Scandinavia, particularly Skansen in Stockholm. The plan was to relocate a homestead from all four regions of Latvia – Courland, Zemgale, Vidzeme and Latgale – to the museum. Each of the buildings would represent the different crafts of
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