Latvia–Lithuania relations commission, and the territories were transferred to Lithuania. As a compensation, Latvia received the Latvian-majority territories of what now are Ukri Parish, Brunava Parish, Aknīste Parish. Latvia's claims on the town of Mažeikiai were rejected by the international commission. The Lithuanians had to drop their claims on Ilūkste Municipality and Daugavpils. 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
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