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.
Government of Latvia public. In June 2013, the Latvian government became one of the first in Europe to offer live internet broadcasts of cabinet meetings. The incumbent cabinet is the Kučinskis cabinet since 11 February 2016. On 7 December 2015 Prime Minister Laimdota Straujuma resigned, which forced negotiations for a new government. The Second Straujuma cabinet served as a caretaker government until the new cabinet was sworn in. Government of Latvia The Government of Latvia is the central government of the Republic of Latvia. The Constitution of Latvia (Satversme) outlines the nation as a parliamentary republic represented by a unicameral parliament (Saeima) and