JPMorgan stops dollar deals for Latvia

Note: This section contains information in English only.
Source: Bloomberg
JPMorgan Chase & Co, the biggest American bank by volume of assets, announced that it will stop clearing the international bank transfers in dollars for Latvia, the Baltic state, which acquired the euro yesterday. Therefore, the only foreign banks that will offer international money transfers in dollars for Latvian commercial banks are now German Commerzbank AG and Deutsche Bank AG.
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