All cash transactions in North Korea have been frozen after the Government’s shock decision to revalue the won currency in an effort to crack down on the country’s burgeoning free-market economy.
In the capital, Pyongyang, today only the few shops and restaurants permitted to trade in foreign currencies, patronised by the privileged elite and the city’s small foreign population, were open for business.
Read more ....
North Korea Reissues Won, a Blow to Unofficial Economy -- Wall Street Journal
North Korea Revalues Its Currency -- New York Times
North Korea revalues currency, destroying personal savings -- Washington Post
Currency reform sparks anger in North Korea -- Press TV
South Korea Doubts North's Intentions for Nuclear Talks -- Global Security Newswire
S.Korea: North seeking to buy time to make nukes -- AFP
In the capital, Pyongyang, today only the few shops and restaurants permitted to trade in foreign currencies, patronised by the privileged elite and the city’s small foreign population, were open for business.
Read more ....
More News On North Korea
North Korea Reissues Won, a Blow to Unofficial Economy -- Wall Street Journal
North Korea Revalues Its Currency -- New York Times
North Korea revalues currency, destroying personal savings -- Washington Post
Currency reform sparks anger in North Korea -- Press TV
South Korea Doubts North's Intentions for Nuclear Talks -- Global Security Newswire
S.Korea: North seeking to buy time to make nukes -- AFP
North Korea Reissues Won, a Blow to Unofficial Economy -- Wall Street Journal
North Korea Revalues Its Currency -- New York Times
North Korea revalues currency, destroying personal savings -- Washington Post
Currency reform sparks anger in North Korea -- Press TV
South Korea Doubts North's Intentions for Nuclear Talks -- Global Security Newswire
S.Korea: North seeking to buy time to make nukes -- AFP
South Korea returns cleared 'spy' to North -- Sydney Morning Herald
Seoul not to accept separate peace deal -- JoongAng Daily
FM: S Korea not to accept U.S.-DPRK peace treaty -- China View
North Korea's determination to feed itself reaps a bitter harvest -- The Telegraph
North Korea Revalues Its Currency -- New York Times
North Korea revalues currency, destroying personal savings -- Washington Post
Currency reform sparks anger in North Korea -- Press TV
South Korea Doubts North's Intentions for Nuclear Talks -- Global Security Newswire
S.Korea: North seeking to buy time to make nukes -- AFP
South Korea returns cleared 'spy' to North -- Sydney Morning Herald
Seoul not to accept separate peace deal -- JoongAng Daily
FM: S Korea not to accept U.S.-DPRK peace treaty -- China View
North Korea's determination to feed itself reaps a bitter harvest -- The Telegraph