Lempira Department Lempira Department Lempira is one of the 18 departments of Honduras, Central America, located in the western part of the country with borders with El Salvador. It was named Gracias department until 1943, and the departmental capital is Gracias. In colonial times, Gracias was an early important administrative center for the Spaniards. It eventually lost importance to Antigua, in Guatemala. Lempira is a rugged department, and it is relatively isolated from the rest of the country. The highest mountain peak in Honduras, Cerro las Minas, is in Lempira. The department was named after Lempira, a local chieftain of the Lenca
Monetary base Monetary base In economics, the monetary base (also base money, money base, high-powered money, reserve money, outside money, central bank money or, in the UK, narrow money) in a country is defined as the portion of a commercial bank's reserves that consist of the commercial bank's accounts with its central bank plus the total currency circulating in the public, plus the currency, also known as "vault cash", that is physically held in the bank's vault. The monetary base should not be confused with the money supply which consists of the total currency circulating in the public plus the non-bank deposits