The Bank of Thailand is the central bank of Thailand, responsible for managing the country's monetary policy and ensuring financial stability. Established in 1942, it plays a crucial role in regulating the banking system and overseeing the nation's currency, the Thai Baht. In addition to controlling inflation and interest rates, the Bank of Thailand supervises financial institutions and promotes economic growth. It also manages foreign exchange reserves and works to maintain a stable financial environment, supporting the overall development of the Thai economy.