Lempira (Lenca ruler) ambush. In 1931, Honduras renamed its currency in honor of Lempira. In 1943, Honduras renamed the Gracias Department as the Lempira Department. In 1957 the Honduran writer Ramón Amaya Amador wrote a novel featuring Lempira, entitled "El señor de la sierra" (The Lord of the Mountain). Lempira (Lenca ruler) Lempira was a war chieftain of the Lencas of western Honduras in Central America during the 1530s, when he led resistance to Francisco de Montejo's attempts to conquer and incorporate the region into the province of Honduras. Mentioned as "Lempira" in documents written during the Spanish conquest, he is regarded by
History of monetary policy in the United States the United States dollar to gold. This essentially ended the existing Bretton Woods system of international financial exchange. The central bank influences interest rates by expanding or contracting the monetary base, which consists of currency in circulation and banks' reserves on deposit at the central bank. The primary way that the central bank can affect the monetary base is by open market operations or sales and purchases of second hand government debt, or by changing the reserve requirements. If the central bank wishes to lower interest rates, it purchases government debt, thereby increasing the amount of cash in circulation or