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Latvia INTEREST RATES

Interest rates go down in Latvia

Latvia has lowered its interest rates by 1.25 percentage points, from 1.50% to an annual rate of 0.25%.

The key rates a tool used by Central Banks to implement monetary policy.

A reduction in interest rates counters a weakening of prices, or a possible deflationary situation. It also revitalizes the economy and helps to increase exports.

This change is the first to have taken place since on September24th 2013, when the Central Bank lowered interest rates by 1.25 percentage points to 1.50%.

Here we show you the progression of interest rates in Latvia. You can see interest rates in other countries in interest rates and see all the economic information about Latvia in Latvia economy.

Latvia - Key rates
DateKey rates
11/24/20130.25%
09/24/20131.50%
07/24/20132.00%
09/24/20122.50%
07/24/20123.00%
03/24/20103.50%
05/24/20094.00%
03/24/20095.00%
05/18/20076.00%
03/24/20075.50%
11/17/20065.00%
07/15/20064.50%
11/12/20044.00%
03/11/20043.50%
09/16/20023.00%
03/17/20003.50%
04/25/19974.00%
Latvia - Key rates