denominate.01

frames

• Official trading in the shares will start in London , Paris and Brussels on Nov. 6 , when the [_ARG2 French-franc] [_rel denominated] [_ARG1 offering] , valued * at the equivalent of nearly $ 1 billion *U* , comes to market in the European Community *T*-1 .
• Because [_ARG1 the funds ' investments] are [_rel denominated] *-1 in [_ARG2-in foreign currencies] , their value expressed * in dollars goes up when those currencies rise against the dollar *T*-2 .