Latvian Lats (LVL)

News: Latvian Lats

• Foreign interest strong in property market - Baltic Times (1 September 2010, 3:26 pm)
• Latvia Auctions Five-Year Debt in First Such Sale ... - BusinessWeek (1 September 2010, 12:48 pm)
• Ventspils nafta: Ventspils nafta turnover in the first half-year ... - Børsen Online (31 August 2010, 2:58 pm)

Reports & Events: Latvian Lats

• Industrial output continues to grow in processing industry (3 September 2010, 1:37 pm)
• The Bank of Latvia Interbank Payment Systems Statistics. Updated (3 September 2010, 1:29 pm)
• Commentary on Latvia's Balance of Payments in the Second Quarter of 2010 (3 September 2010, 10:13 am)

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About the Latvian Lats

The Latvian “lats” (plural: lati) is the official currency used in the country of Latvia. Its official currency code is “LVL” and it is symbolized by a “Ls”. The primary denominations include 1, 2, 5, 10, 20, 50 santims coins; 1, 2 lats coins (1 litas = 100 santims); and 5, 10, 20, 50, 100, 200, and 500 lats paper bank notes. In Latvia, decimal numbers are denoted using a comma (e.g. 1,50). The litas has a managed float exchange rate that is tied to the euro.

Central Bank: Bank of Latvia