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 tools of monetary policy: open market operations, the discount rate and the reserve requirements. An important tool with which a central bank can affect the monetary base is open market operations, if its country has a well developed market for its government bonds. This entails managing the quantity of money in circulation through the buying and selling of various financial instruments, such as treasury bills, company bonds, or foreign currencies, in exchange for money on deposit at the central bank. Those deposits are convertible to currency, so all of these purchases or sales result in more or less base currency