31. For a while a peg was considered to a basket of currencies : the European Currency Unit. 32. Thailand had pegged the baht to a basket of currencies dominated by the dollar, with 80 percent. 33. The value of Ven is determined on the financial markets from a basket of currencies and commodities. 34. The pound has risen 5 . 9 percent against a trade-weighted basket of currencies so far this year. 35. Sterling has risen by about 15 percent against a trade-weighted basket of currencies in the past 12 months. 36. On July 21, 2005, both countries removed their pegs and adopted managed floats against a basket of currencies . 37. The rights, made up of a basket of currencies , were valued at $ 838 million at the time. 38. Linking it to a basket of currencies would let Beijing " manage volatility in this very unstable world ." 39. The value of Ven is determined on the financial markets from a basket of currencies , commodities and carbon futures. 40. The GDP-weighted basket of currencies has now formed the basis for a new formula for the effective exchange rate.