San Francisco, Lempira San Francisco, Lempira San Francisco is a municipality in the Honduran department of Lempira. It is one of the furthest municipalities of the Lempira department in Honduras. The lands for this municipality were given away by the King of Spain, on 30 October 1692, composed of 2 titles, "Santa Maria Magdalena" and "San Lucas". In the census of 1791 it appears as part of "Curato de Cerquin". It was founded back in 1837 for the initiative of Captain Jeronimo Acosta. The church was built in 1856, a historical relic left by the Spanish colonist. But as it can be seen
Monetary policy of the Philippines banks cannot lend out to people. They always need to maintain a certain balance of money, which are called "reserves". Once these reserve requirements are changed and are varied, changes in the monetary supply will be observed greatly. Two Forms: In accordance with Republic Act No. 265, The Bangko Sentral ng Pilipinas or BSP is the central monetary authority of the republic of the Philippines. It provides policy directions in the areas of money, banking and credit and exists to supervise operations of banks and exercises regulatory powers over non-bank financial institutions. It keeps aggregate demand from growing rapidly with