Anshika Sharma India 3k Questions 2k Answers 3 Best Answers 4k Points View Profile 0 Anshika Sharma Asked: May 7, 20202020-05-07T14:13:34+05:30 2020-05-07T14:13:34+05:30In: Education Which country has recently joined Euro Zone as the 18th member? 0 Which country has recently joined Euro Zone as the 18th member? gk Share Facebook 2 Answers Voted Oldest Recent Sanjeev Bhilai , India 4 Questions 1k Answers 0 Best Answers 1k Points View Profile Sanjeev Added an answer on May 7, 2020 at 2:35 pm The Baltic nation, Latvia joined the Euro Zone, with the expectation that the euro will lower its borrowing costs and encourage investors by eliminating currency risk. It became the 18th member of the European Union, which uses the Euro as its currency and the fourth smallest economy in the euro zone after Malta, Estonia and Cyprus. The euro switchover ceremony took place at a site where Latvia’s crisis began – the former headquarters of the collapsed Parex bank, now headquarters of state-owned Citatele bank, which emerged from Parex’s ruins. The official conversion rate is 1 EUR = 0.702804 LVL. 0 Reply Share Share Share on Facebook Share on Twitter Share on LinkedIn Share on WhatsApp Abhinav.arjun47 Moradabad, India 1k Questions 2k Answers 14 Best Answers 4k Points View Profile Abhinav.arjun47 Added an answer on May 7, 2020 at 2:15 pm Latvia has begun the new year by joining the eurozone, becoming the 18th member of the group of EU states which uses the euro as its currency. 0 Reply Share Share Share on Facebook Share on Twitter Share on LinkedIn Share on WhatsApp Leave an answerLeave an answerCancel reply Featured image Select file Browse Save my name, email, and website in this browser for the next time I comment.