Hence the question is not WHETHER the euro will be introduced in Latvia, the question is WHEN it will happen. For this process to be as successful as possible, it should be guided by three basic principles. It should: •  be easy to understand and transparent - i.e.
To stay on the front foot, so to speak, the SARB is considering hosting a focused workshop on CBDCs in the coming year. We aim to attract the world’s leading thinkers on the topic to inform our own policy thinking on CBDCs. Also, several stakeholders are enquiring about Project Khokha’s Phase 2, and many have submitted suggestions.