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.
National Library of Latvia National Library of Latvia The National Library of Latvia () also known as Castle of Light ("Gaismas pils") is a national cultural institution under the supervision of the Ministry of Culture of Latvia. The National Library of Latvia was formed in 1919 after the independent Republic of Latvia was proclaimed in 1918. The first supervisor of the Library was Jānis Misiņš, a librarian and the founder of the Latvian scientific bibliography (1862–1945). Today the Library plays an important role in the development of Latvia's information society, providing Internet access to residents and supporting research and lifelong education. The National Library