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Nick Beighton, Asos's chief executive, said: "Our sales prices which are denominated off sterling now look cheaper to the US customer and look cheaper to the European customer.
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That usually sets off a spiral including a deteriorating currency, which, if the bonds are denominated in foreign currencies, makes it impossible for the country to pay its debt.
The bonds are denominated in 14 currencies.
Nearly half of world exports are denominated in dollars.
Banknote values are denominated from 1 to 100 ringgit.
Many financial transactions in London are denominated in dollars.
All figures are denominated in current (inflation-adjusted) United States dollars.
Many debts are denominated in dollars, even though most people are paid in pesos, so devaluation would require them to fork over a lot more pesos to pay off their dollarized debts.
Foreigners are barred from directly owning Class A shares, which are denominated in Chinese yuan.
For most Russians, whose salaries are denominated in roubles, imports are becoming ever more expensive.
Treasury bonds are safe only for people whose liabilities are denominated exclusively in dollars.
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CEO of Professional Science Editing for Scientists @ prosciediting.com