1.   But instead of letting the baht fall, the government attempted to prop up its value by buying the baht on the open market.

2.   Forex traders in Thailand and Singapore, the main market for baht transactions, said the central bank is actively buying baht.

3.   Niederhoffer Investments, a commodities fund manager based in Weston, Connecticut, bought baht over the last week.

4.   Other central banks declined to comment on speculation that they too bought baht.

5.   Short-term interest rates will remain high next week as hedge funds buy baht to repay loans made in an effort to weaken the Thai currency.

6.   The bank and the Monetary Authority of Singapore also bought baht for dollars to give the currency an additional boost.

7.   The central bank tried to prop up the currency by buying forward contracts, committing it to buy baht at a specified time and price.

8.   So they have been bringing dollars into the country to buy baht for investment in the stock market.

9.   The central bank said it would maintain exchange-rate controls that create separate rates for investors who buy baht in domestic markets and those who buy overseas.

10.   The central bank said it would maintain exchange-rate controls that create separate rates for investors who buy baht in domestic markets and those who buy it overseas.