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Thai army detains deputy PM

Thai Prime Minister Thaksin Shinawatra's deputy and most trusted aide Chidchai Vanasathidya has been detained at the army headquarters following an overnight coup, army officials said on Wednesday.

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BANGKOK: Thai Prime Minister Thaksin Shinawatra's deputy and most trusted aide Chidchai Vanasathidya has been detained at the army headquarters following an overnight coup, army officials said on Wednesday.
 
The coup triggered a sell-off in the baht on 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 10 am, the baht was quoted at 37.735 to the dollar, down from 37.305 late Tuesday.
 
Dealers said the baht was not expected to fall below 38 to the dollar unless the military coup took a violent turn or signs emerged of internal divisions within the army.   
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