41. Together with those three currencies it forms the basket of currencies which global reserves ( about 4 % ). 42. Instead, he said, China should link the currency's value to a basket of currencies , and not just the dollar. 43. Earlier this year it slumped more than 5 percent to a record low measured against a basket of currencies . 44. Thailand eventually had to abandon its policy of pegging the baht to a basket of currencies , primarily the dollar. 45. The dollar has declined by a smaller, but still significant, 15 percent against a trade-weighted market basket of currencies . 46. Thailand also spent billions of dollars to keep the baht pegged to a dollar-based basket of currencies this spring. 47. From the beginning of the year through June 30, the pound rose 7 percent against a trade-weighted basket of currencies . 48. The pound climbed as much as 11 percent during the nine months through September against a trade-weighted basket of currencies . 49. Some have speculated that China might switch to tying the yuan to a basket of currencies as an interim step. 50. The pound has risen as much as 15 percent against a trade-weighted basket of currencies in the past 6 months.