Lempira (Lenca ruler) Honduran historian Mario Felipe Martínez Castillo discovered a very different account of Lempira in a document entitled "Méritos y Servicios: Rodrigo Ruiz, Nueva España", written in 1558 in Mexico City. The manuscript is located in the Archivo General de Indias in Seville, Spain. That document, Patronato 69 R.5, tells the story of Rodrigo Ruiz and his service in the conquest of Honduras under Francisco Montejo. It includes his account of killing Lempira. The document is in the form of a series of questions, answered by witnesses to the services which Rodrigo Ruiz gave to the Spanish King. It is his
History of monetary policy in the United States influence domestic monetary conditions. To maintain its monetary policy target, the central bank will have to sterilize or offset its foreign exchange operations. For example, if a central bank buys foreign exchange (to counteract appreciation of the exchange rate), base money will increase. Therefore, to sterilize that increase, the central bank must also sell government debt to contract the monetary base by an equal amount. It follows that turbulent activity in foreign exchange markets can cause a central bank to lose control of domestic monetary policy when it is also managing the exchange rate. In the 1980s, many economists began