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The Central Reserve Bank of El Salvador (Spanish: Banco Central de El Salvador) is the central bank of El Salvador, which controls the currency rate and regulates certain economic activities within El Salvador. The bank was originally privately owned, but was brought under state control through The Law on the Reorganization of Central Banking.
Hilton Princess San Salvador Hotel; Hospital El Salvador; L. La Capilla 515; M. Monumento al Divino Salvador del Mundo; N. National Palace (El Salvador) S. San ...
San Salvador (Spanish pronunciation: [san salβaˈðoɾ]) is a department of El Salvador in the west central part of the country. The capital is San Salvador , which is also the national capital. The department has North of the Rio Lempa Valley, the "Valle de las Hamacas" (Hammock Valley) and a section of Lake Ilopango.
San Salvador was named by Gonzalo de Alvarado in 1525, after the Transfiguration of Jesus which celebrates every 6 August for the feast in the Western Church. That day in 1456 Pope Callixtus III made a commemoration of the Hungarian victory at the Siege of Belgrade against the Ottomans which made a spice trade blockade across Afro-Eurasia three years earlier.
The Metropolitan Cathedral of the Holy Savior (Catedral Metropolitana de San Salvador) is the principal church of the Roman Catholic Archdiocese of San Salvador and the seat of the Archbishop of San Salvador. The church was twice visited by Pope John Paul II, who said that the cathedral was "intimately allied with the joys and hopes of the ...
The bank came to an agreement with Banco Internacional de El Salvador, which had a 25-year monopoly on note issuance, so that it too could issue notes. The government of El Salvador nationalized the bank in 1980 as part of a blanket nationalization of financial institutions, but privatized the bank in 1993.
The iconic statue of Christ on the globe sphere of planet Earth is part of the Monument to Divino Salvador del Mundo on Plaza El Salvador del Mundo (The Savior of the World Plaza). The statue was damaged in the 1986 San Salvador earthquake. [3] [4] It was rebuilt and put back in place months after the campaign "Lift up your soul Salvadoran".
District 2 is also home to Plaza Las Americas, or El Salvador del Mundo, as it is known locally; the plaza is located at one of the largest intersections in the city, where Paseo Escalón, Constitution Boulevard, Alameda Manuel Enrique Araujo, and Roosevelt Avenue meet. The Plaza was remodeled in 2010 under the administration of Norman Quijano.