Bank of Latvia

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Bank of Latvia
(Latvian: Latvijas Banka)

Headquarters

Riga

Established

7 September 1922^[1]

Governor

Ilmārs Rimšēvičs

Central bank of

Latvia

Website

www.bank.lv

Preceded by

State Savings and Credit Bank

Succeeded by

European Central Bank (2014) ¹

¹ The Bank of Latvia still exists but many functions have been taken over by the European Central Bank.

Bank of Latvia headquarters in Riga.

The Bank of Latvia (Latvian: Latvijas Banka) is the central bank of Latvia. It is one of the key public institutions and carries out economic functions as prescribed by law.

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 the 31st of 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.

Governors of the Bank of Latvia

Artūrs Graudiņš
Pēteris Sakss
Einars Repše (1991–2001)
Ilmārs Rimšēvičs (2001–present)

References

↑ "History of the Bank of Latvia". Bank of Latvia. Retrieved 16 August 2011.

External links

(Latvian) Official site of Latvijas Banka
(English) Official site of Latvijas Banka

Latvia topics

History

Geography

Climate
Cultural regions
Lakes
Rivers

Politics

Economy

Society

Demographics Education Ethnic groups Illegal immigration Language Public holidays Religion

Culture	Anthem Cinema Coat of arms Cuisine Flag Language policy Latvian names Literature Music Mythology Sport Television

Outline

Category Portal WikiProject

v t e Central banks of the European Union

Within Eurozone	National Bank of Austria National Bank of Belgium Central Bank of Cyprus Bank of Estonia Bank of Finland Banque de France Deutsche Bundesbank Bank of Greece Central Bank of Ireland Banca d'Italia National Bank of Latvia Central Bank of Luxembourg Central Bank of Malta De Nederlandsche Bank Banco de Portugal National Bank of Slovakia Bank of Slovenia Bank of Spain

Outside Eurozone	Bulgarian National Bank Croatian National Bank Czech National Bank Danmarks Nationalbank Hungarian National Bank Bank of Lithuania National Bank of Poland National Bank of Romania Sveriges Riksbank Bank of England

Banking-related EU institutions	European Central Bank European System of Central Banks European Investment Bank

Central banks European Union

Central banks

Global

Global	Bank for International Settlements Basel Committee on Banking Supervision Financial Stability Board

By continent

Africa	Bank of Central African States Central Bank of West African States Bank of Algeria Central Bank of Angola Bank of Botswana Bank of the Republic of Burundi Bank of Cape Verde Central Bank of the Comoros Central Bank of the Congo Central Bank of Djibouti Central Bank of Egypt Bank of Eritrea National Bank of Ethiopia Central Bank of The Gambia Bank of Ghana Central Bank of the Republic of Guinea Central Bank of Kenya Central Bank of Lesotho Central Bank of Liberia Central Bank of Libya Reserve Bank of Malawi Bank of Mauritius Bank Al-Maghrib Bank of Namibia Central Bank of Nigeria Bank of Somaliland South African Reserve Bank Bank of South Sudan Bank of Sudan Central Bank of Swaziland Bank of Tanzania Central Bank of Tunisia Bank of Uganda Bank of Zambia Reserve Bank of Zimbabwe

Americas	Central Bank of Argentina Central Bank of Aruba Central Bank of The Bahamas Central Bank of Barbados Bermuda Monetary Authority Central Bank of Brazil Bank of Canada Central Bank of Chile Bank of the Republic (Colombia) Central Bank of Cuba Central Bank of Curaçao and Sint Maarten Eastern Caribbean Central Bank Cayman Islands Monetary Authority Central Bank of Ecuador Bank of the Republic of Haiti Central Bank of Honduras Bank of Jamaica Bank of Mexico Central Bank of Nicaragua Central Reserve Bank of Peru Central Bank of Suriname Central Bank of Trinidad and Tobago Federal Reserve System (United States) Central Bank of Venezuela

Asia	Da Afghanistan Bank Central Bank of Bahrain Bangladesh Bank Royal Monetary Authority of Bhutan Brunei Currency and Monetary Board National Bank of Cambodia People's Bank of China Hong Kong Monetary Authority Reserve Bank of India Bank Indonesia Central Bank of the Islamic Republic of Iran Central Bank of Iraq Bank of Israel Bank of Japan Central Bank of Jordan National Bank of Kazakhstan National Bank of the Kyrgyz Republic Bank of Korea Central Bank of the Democratic People's Republic of Korea Central Bank of Kuwait Banque du Liban Monetary Authority of Macao Bank Negara Malaysia Maldives Monetary Authority Bank of Mongolia Central Bank of Myanmar Nepal Rastra Bank Central Bank of Oman State Bank of Pakistan Palestine Monetary Authority Bangko Sentral ng Pilipinas Qatar Central Bank Saudi Arabian Monetary Agency Monetary Authority of Singapore Central Bank of Sri Lanka Central Bank of Syria Central Bank of the Republic of China (Taiwan) Bank of Thailand Central Bank of Turkmenistan Central Bank of the United Arab Emirates Central Bank of Uzbekistan State Bank of Vietnam Central Bank of Yemen

Europe	European Central Bank (Eurosystem) National Bank of the Republic of Abkhazia Bank of Albania Central Bank of Armenia Central Bank of Azerbaijan National Bank of the Republic of Belarus Central Bank of Bosnia and Herzegovina Bulgarian National Bank Croatian National Bank Czech National Bank Danmarks Nationalbank Bank of England National Bank of Georgia Hungarian National Bank Central Bank of Iceland Central Bank of Ireland Central Bank of Kosovo National Bank of Latvia Bank of Lithuania National Bank of the Republic of Macedonia National Bank of Moldova Central Bank of Montenegro Norges Bank Central Bank of the Turkish Republic of Northern Cyprus National Bank of Poland National Bank of Romania Central Bank of Russia National Bank of Serbia Sveriges Riksbank Swiss National Bank Central Bank of the Republic of Turkey National Bank of Ukraine

Oceania	Reserve Bank of Australia Reserve Bank of Fiji Reserve Bank of New Zealand Bank of Papua New Guinea Central Bank of Samoa Central Bank of Solomon Islands National Reserve Bank of Tonga

Policies and implementation

Policies	Capital requirement Contractionary monetary policy Expansionary monetary policy

Implementation	Capital control Discount rate Interest rates Money creation Open market operation Sovereign wealth fund

Bretton Woods system

International Monetary Fund World Bank Group International Bank for Reconstruction and Development International Centre for Settlement of Investment Disputes International Development Association International Finance Corporation Multilateral Investment Guarantee Agency

Lists

List of central banks Central banks and currencies of Africa Central banks and currencies of the Caribbean Central banks and currencies of Central America and South America

Names in italics indicate non-sovereign (dependent) territories, former countries, or states with limited recognition

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Bank of Latvia

Governors of the Bank of Latvia

See also

References

External links