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Bulletin | d e c e m b e r Q ua r t e r 2012 Monday marked the 70th anniversary of the commencement of operations of the Bank of Thailand, on 10 December 1942. Conceived under wartime occupation, the Bank has grown to be a key institution in Thailand. It is a pleasure and an honour to come to Bangkok to take part in one in a series of events to mark the anniversary, and I want to thank Governor Prasarn for the invitation.

Challenges in Central Banking: The Current Institutional Environment And Forces Affecting Monetary Policy