Latvian lats standard from its introduction till 1940. On 17 June 1940, Latvia was occupied by the USSR. After the dismantling of the Bank of Latvia and its replacement with the Latvia Republican Office of the Gosbank on 10 October, the Soviet ruble was introduced alongside the lats on 25 November 1940 at par, although the real monetary value of the rouble was about three times lower and thus both wages and prices were gradually raised to devalue the lats from June to November 1940. To lessen the effect of the exodus of goods sent by Soviet occupational personnel to the USSR,
Jan Cameron June 2008, later liquidating the business in August that year so she could use the locations to open her Dog's Breakfast furniture company. Dog's Breakfast was shut down in 2010, with some stores converted to NOOD (New Objects of Desire), also a furniture retail company owned by Cameron, some to Chickenfeed stores—which itself later shut down—and some not replaced. It was reported in June 2014 Jan Cameron was the major backer of baby-food company Bellamy's Organic, which will begin its IPO on the ASX in July, estimated to be worth $100 million. In 2016 Cameron placed a $280 million bid