Lithuanian bank acts to stem fears

Author (Person)
Series Title
Series Details 10.3.09
Publication Date 10/03/2009
Content Type

Reinoldijus Sarkinas, Chairman of the Board of the Bank of Lithuania, declared on the 9 March 2009 that the Bank of Lithuania had no intentions to change the current Litas exchange rate - it had been stable and would be stable. He urged politicians and media to express their opinion regarding the Litas exchange rate with responsibility and not to provoke panic harmful to the public.

Related Links
Lithuania: Bank of Lithuania: Press Release, 9.3.09: Reinoldijus Sarkinas: No one intends to devaluate the Litas http://www.lb.lt/news/pg.dll?lng=EN&did=2144

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