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North Korea has banned the use of foreign currency, another move to crack down on the burgeoning middle class. Last month, the government's move to slash two zeroes off its currency was met with ...
Satellite images show how once-busy bridges and roads between North Korea and China became empty after the border closure, according to Ramon Pacheco Pardo, a professor of international relations ...
This photo illustration shows a selection of North Korean currency bank notes issued by Pyongyang, displayed in Seoul on Jan. 4, 2018. (Photo by ED JONES/AFP via Getty Images) ...
North Korea is grappling with sanctions, flood damage, food shortages and a massive trade hit, yet its currency, the won, has surged 25% against the US dollar this year.
TOKYO -- Strong-armed currency reform in North Korea, which has confiscated the savings of small businesses and forbidden the use of foreign money, is now causing runaway inflation and ...
This photo illustration shows a selection of North Korean currency bank notes issued by Pyongyang, displayed in Seoul on Jan. 4, 2018. (Photo by ED JONES/AFP via Getty Images) ...