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Money and Costs

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Latvian national currency is the lats (LVL), 1 lats consists of 100 santims. The Latvian currency has remained strong and secure since its inception in 1993. The stability of lats is a result of covering the supply of the national currency with gold reserves, hard currency reserves, and investments in a diversified collection of foreign currencies.


Edited bymsnice on 22.04.2005

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