OREANDA-NEWS. On January 08, 2009 the Council of the Bank of Latvia approved amendments to the "Regulation for the Use of the Bank of Latvia's Monetary Policy Instruments" (effective as of 8 January 2009), reported the press-centre of Bank of Latvia.

This is another step in harmonising the Bank of Latvia's monetary policy instruments and their use with the Eurosystem's practice as Latvia moves along on the road towards the euro. In accordance with the EU Treaty, the amendments to the Regulation have been agreed with the European Central Bank.

The Regulation is available on the Bank of Latvia's website (www.bank.lv) under the Legal Section.