Puerto Lempira Puerto Lempira Puerto Lempira is the capital of the Gracias a Dios department in northeastern Honduras, located on the shores of the Caratasca Lagoon. Though it does not have paved roads, it is the largest town in the La Mosquitia region. The town is named for the 16th century leader of the indigenous Lenca peoples, Lempira, who directed an ultimately unsuccessful resistance against the Spanish "conquistador" forces in the 1530s. Puerto Lempira became the departmental capital in 1975, prior to which it was Brus Laguna. In the 1980s, the town became a centre for CIA operations against the Sandinistas. Its
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