The SGD is managed against a basket of currencies. Which of the following is not considered as among the characteristics in using this strategy? Composition weights in the basket will be periodically revised with major changes in the trade patterns of Singapore and the rest of the world. Currency weights in the basket will depend on the importance of those countries as trading partners. Currency weights will depend on the level of global interest rates to maximize the yield in the basket. Currency weights in the basket will depend on the importance of those countries as competitors.