5 lats coin 5 lats coin The 5 lats coin was a Latvian lat coin minted in 1929, 1931 and 1932. It became a popular symbol of independence during the Soviet occupation. It was reproduced in several modern commemorative coins of Latvia and is used on the national sides of the Latvian 1 and 2 euro coins. The reverse design was featured on the 500 lats banknote and in watermarks of all lats banknotes. In February 1929, the Latvian Ministry of Finance decided to issue a 5 lat circulation coin depicting the head of a maiden, which would symbolize the Republic of Latvia
Currency intervention manipulations. As the financial crisis of 2007–08 hit Switzerland, the Swiss franc appreciated "owing to a flight to safety and to the repayment of Swiss franc liabilities funding carry trades in high yielding currencies." On March 12, 2009, the Swiss National Bank (SNB) announced that it intended to buy foreign exchange to prevent the Swiss franc from further appreciation. Affected by the SNB purchase of euros and US dollars, the Swiss franc weakened from 1.48 against the euro to 1.52 in a single day. At the end of 2009, the currency risk seemed to be solved; the SNB changed its