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 Bonds, Currencies & Commodities
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20 Sep 06 10:23
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Thai baht falls after military coup
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AFP
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SINGAPORE - The military coup in Thailand triggered a sell-off in the baht Wednesday as investors looked for safety in a knee-jerk reaction which dealers said would likely be limited unless there was an outbreak of violence.
At 1:40 pm (0540 GMT), the baht was quoted at 37.68 to the dollar, down from 37.305 late Tuesday. It had hit a low of 37.805 in early trade.
Dealers said the baht was not expected to fall below 38 to the dollar unless the military coup took a violent turn or signs...
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