What Are ‘Dabloons,’ the Imaginary Currency of TikTok?
In the latest viral TikTok trend, users participate in an imaginary economy centered on fake money and fueled by cat pictures.
Posted inBank of Japan Currency Economic Conditions and Trends International Trade and World Market Japan
Japan’s Economy Shrinks, Weighed Down by a Weak Yen and Rising Inflation
The economy contracted 1.2 percent as consumers and businesses were hit with rising import prices.
Posted inBritish Pound (Currency) Budget Travel Colleges and Universities Currency Euro (Currency) Europe Great Britain International Study and Teaching King's College London School of Economics Oxford University United States Wages and Salaries
As Dollar Strengthens, U.S. Students in Europe Feel the Benefits
The pound and the euro are trading at decades-long lows against the dollar. For American students abroad, that has made weekend trips, dinners and theater tickets (somewhat) less of a splurge.
Posted inBank of England Bank of India Bank of Japan Banking and Financial Institutions Currency Economic Conditions and Trends Federal Reserve System Government Bonds Interest Rates International Trade and World Market Reserve Bank of India Setser, Brad W US Dollar (Currency)
A Rising Dollar Is Hurting Other Currencies. Central Banks are Stepping In.
The Federal Reserve’s interest rate hikes are unsettling global markets and prompting other central banks to prop up their domestic currencies.