Bank of Thailand
Headquarters | Bangkok , Thailand |
founding | April 28, 1942 |
president | Veerathai Santiprabhob |
country | Thailand |
currency | |
ISO 4217 | THB |
Currency reserves | US $ 222.782 billion (November 2019) |
Mint (s) | Royal Thai Mint |
Website | www.royalthaimint.net |
Website | |
List of central banks |
The Bank of Thailand ( Thai ธนาคาร แห่ง ประเทศไทย Thanakan Haeng Prathet Thai ; in international parlance: Bank of Thailand ) is the central bank of the Kingdom of Thailand .
History and general
The Bank of Thailand was initially set up as the Thai National Banking Bureau. On April 28, 1942, the "Bank of Thailand Act" was published, in which the "Bank of Thailand" was given full responsibility for all central bank functions. The bank officially started operations on December 10, 1942.
The Bank of Thailand is run by a governor and four deputies. Prasarn Trairatvorakul was appointed governor on October 1, 2010, succeeding Tarisa Watanagase .
The central bank is located in Bangkok- Bangkhunprom.
tasks
The central bank's tasks include:
- Operate monetary policy
- Supervision of national credit institutions
- Advising the government on economic policy
- Maintenance of the currency reserve
- Printing and issuing of banknotes (central bank)
Since May 2000, monetary policy has been aimed at a target range of core inflation (price index excluding energy and raw food). The target range is currently 0% - 3.5%.
See also
Web links
- Bank of Thailand (English)
Individual evidence
- ↑ Thailand Foreign Exchange Reserves . tradingeconmoics.com. Accessed December 12, 2019 (English)
- ↑ Archive link ( Memento of the original from February 10, 2012 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
- ↑ www.bot.or.th ( Memento of the original from November 25, 2014 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. (Engl.), Accessed September 5, 2009
- ↑ Archive link ( Memento of the original from November 13, 2014 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.