July 9, 2013 / 10:07 AM / in 4 years

Latvia to join euro zone with exchange rate at 0.7 lats/euro

BRUSSELS, July 9 (Reuters) - EU finance ministers approved Latvia’s accession the euro zone on Tuesday and set its exchange rate at 0.702804 lats to one euro.

“Euro notes and coins will be issued in Latvia on 1 January 2014,” ministers said in a statement.

Reporting by Robin Emmott; editing by Charlie Dunmore

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