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 institutions in Latvia Government institutions in Latvia This is a list of government and municipal institutions of Latvia and their subordinated institutions with executive powers: Latvian Chancery of the President Saeima Constitutional Court of the Republic of Latvia Supreme Court of the Republic of Latvia The State Audit Office Latvijas Banka The Central Election Commission The Financial and Capital Market Commission The Ombudsman's Office The National Council for Electronic Media The Public Utilities Commission Corruption Prevention and Combating Bureau Society Integration Foundation Coordination Centre of Policy Sectors National Armed Forces National Defence Academy Recruiting and Youth Guard Centre Military Intelligence and Security Service