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Such a decision was made by the Board of the Bank of Lithuania. ... were exchanged in cash immediately); natural and legal persons wishing to exchange coins will have to submit

Instead of auksinas, the name of muštinis, with its subunit skatikas, was suggested (taleris, a large ... Besides the coin, it was also suggested to introduce ½, 1, 3, 5, 10, 25, 100 and 1,000 muštinis banknotes

26 years ago, on 5 November 1991, the Supreme Council - Restoration Seimas of the Republic of Lithuania ... adopted the Law on the Issuance of Money of the Republic of Lithuania which declared litas with its subunit

Many of these buildings survived to this day and now house commercial banks. ... At the end of 1923, the Bank had 22 such branches in Lithuania.

Make sure to compare the listed prices with average wages of that time. ... 1.85 litas, 10 eggs – 0.85 litas, 1 l of sour cream – 0.95 litas, 1 l of milk – 0.15 litas, 1 kg of sugar

The fight for independence that lasted until 1920 turned out to be quite successful to Lithuania, as

of Lithuania, introducing the decimal system. 10 denars comprised 1 grosz and this monetary unit was supposed ... Such records of the date of issue (year and month) are a unique phenomenon that disappeared in later

In accordance with the Litas Committee decision of 14 June 1993, litas and its subunit centas were issued

depleted due to the occupations and poverty rates were increasing, so a strict card system of rationed supply

Paper was only used to issue debit notes, not as a substitute for money. ... However, the circumstances surrounding this were quite sombre.

“I am very pleased that in such a short period of time Lithuania has become the center of Fintech that ... The key to our success story is a common strategic and progressive approach and action at all levels

The strength of the Bank of Lithuania as an institution lies in its independent and apolitical nature supported ... Bank of Lithuania in 2002, as Economist at the Off-site Monitoring Division of the Credit Institutions Supervision

The submitted papers are assessed by a commission comprising scientists from the Bank of Lithuania’s

Such a method of issuing temporary money was also applied in occupied territories, Lithuania included ... occupied by Germans in 1915, may have had vouchers issued with a stamp of the Telšiai committee for the support

to encourage house purchase in the regions can raise RE prices in areas deemed eligible for housing support ... ‘Housing price changes go hand in hand with wages, the RE market remains sufficiently liquid and poses

Aiming to create such a unique innovation in numismatics, we have to finish all the work in a timely

garnered significant attention among European FinTech companies: with 21 registrations from countries such ... garnered significant attention among European FinTech companies: with 21 registrations from countries such

concerts of performers of classical music at Europe’s financial centre Frankfurt am Main at the end of summer ... concerts of performers of classical music at Europe’s financial centre Frankfurt am Main at the end of summer

What names were suggested for the Lithuanian currency? What is depicted on interwar litas?  

Why was there a need for such a mint? ... The mintage process was to be supervised by the Supervisory Institution of Securities  Issuance of the

They can be distinguished visually as well: counterfeit coins have a rather matt surface. .

monetary and financial system stability; it develops and improves international standards in banking supervision

Lithuanian Mint with a request to find out the circumstances of the incident and to ensure the prevention of such

It survived the Soviet occupation thanks to the unbreakable spirit of our nation, and when the independence

1 October 1922, but in reality the exchange of litas started one day later because 1 October was a Sunday ... The banknotes of subsequent issues were printed to the designs of Adomas Galdikas.