Latvia's central bank and prime minister on Thursday urged the Baltic nation's leaders to watch what they say about the national currency as jitters spread about a possible devaluation that could hit other economies in the region.
The calls highlighted Latvia's efforts to defend its currency peg to the euro amid mounting speculation that a painful devaluation is inevitable as the country's economy nosedives.
Prime Minister Valdis Dombrovskis told lawmakers that talk about devaluation could further damage Latvia's battered economy and hinder its long-term goal of adopting the euro.
"It is easy to release the genie, but it is much harder to …
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