Latvian central bank sold 46.1 million latis for euros
15.02.2010, 11:35Latvia’s central bank sold 46.1 million lats for euros last week, the bank said last week on its website without providing further details.
Latvia, like neighboring Lithuania and Estonia, is a member of the pre-euro exchange-rate mechanism and pegs the lats to the European Union’s common currency. Latvia keeps the exchange rate within a 1% band around a target.