denominate

Investors haven’t lost their appetite for risk in that new world—the AI-crazed stock market is at records—but instead are hedging their bets with investments not denominated in weakening dollars.

That is pushing them into assets not denominated in dollars.

The sharp fall in the value of the naira has significantly affected Mr Dangote, whose wealth is largely tied to assets denominated in the local currency.

The second time, in 2020, Trump’s nomination was automatic, the traditional act of a party denominating an incumbent president.

Much of China's growing rescue lending is denominated in renminbi, the report found, with loans in the Chinese currency overtaking U.S. dollars in 2020.