Latvia–Lithuania relations Latvia–Lithuania relations Latvian–Lithuanian relations are bilateral international relations between Latvia and Lithuania. Latvia has an embassy in Vilnius, and Lithuania has an embassy in Riga. The ambassador to Lithuania is Hardijs Baumanis, the ambassador to Latvia is Antanas Vinkus. Both states share a long common history: Both Latvians and Lithuanians belong to the family of Baltic peoples, speakers of the Baltic languages. The territory of Latvia and Lithuania were together part of the Grand Duchy of Lithuania and the Polish-Lithuanian Commonwealth between 1561 and 1772 (with a brief period of Swedish rule in what is now Latvia in between). Between
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