Latvian rublis 1 Rublis, 2 and 5 Rubļi, 10, 20, 50, 200 and 500 Rubļu. This second Latvian rublis was withdrawn from circulation on 18 October 1993, but could be exchanged for lats until 1 July 1994, when it lost validity. and the historic national currency - the "lats" - was reintroduced in 1993, replacing the Rublis at the ratio of 1 lats = 200 Rubļu. The lats was replaced on 1 January 2014 by the Euro, at the rate of 0.702804 Lats to 1 Euro. Latvian rublis The Latvian rublis () was the currency of Latvia from 1919 to 1922 and
Currency intervention of Swiss GDP. To maintain price stability and lower the franc's value, the SNB created new francs and used them to buy euros. Increasing the supply of francs relative to euros on foreign-exchange markets caused the franc's value to fall (ensuring the euro was worth 1.2 francs). This policy resulted in the SNB amassing roughly $480 billion-worth of foreign currency, a sum equal to about 70% of Swiss GDP. The Economist asserts that the SNB dropped the cap for the following reasons: first, rising criticisms among Swiss citizens regarding the large build-up of foreign reserves. Fears of runaway inflation underlie