Einars Repše During this period, he oversaw the introduction of the Latvian rublis, Latvia's temporary transition currency, and the Lats, independent Latvia's new currency. Under Repše, the Bank of Latvia pursued a tight monetary policy, implementing a de facto currency board for the Lats. As a result, the exchange rate of the lat has been stable since the early 1990s till now. The success of the Lats made Repše very popular in Latvia. In 2001, Repše resigned from the Bank of Latvia to return to politics. He founded the New Era Party, a Populist anti-corruption party. After the 2002 elections, Repše became
1st Baltic Front 1st Baltic Front The First Baltic Front was a major formation of the Red Army during the Second World War. It was commanded by Army General Andrey Yeryomenko, succeeded by Army General Bagramyan. It was formed by renaming the Kalinin Front in October 12, 1943, and took part in several important military operations, most notably Bagration in the summer of 1944. The 1st Baltic Front also assisted in lifting the Siege of Leningrad on January 27, 1944, as well as in Operation Samland, at that time known as the Samland Group, captured Königsberg in April 1945. As of June 23,