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    • North Korean Won (KPW)

North Korean Won (KPW) Newsletter
  • Why is North Korea helping Russia’s war on Ukraine? 28 Jan 2025 07:53 GMT

    … military intelligence believes North Korea proposed the military deployment … South Korea has won out over North Korea: South Korea’ … to attract converts inside North Korea. Initially suspicious of … desperately needs hard currency due to international sanctions …

  • Brit tourists can finally visit North Korea as Kim Jong-un reopens city borders 16 Jan 2025 15:24 GMT

    … tourists can finally visit North Korea after little tubby … Zone – an area where North Korea experiments with capitalism – … North Korea where a foreign national can spend local currency DPKR Won … Instagram followers: "North Korea has reopened tourism in …

  • Eritrea Is the North Korea of Africa: America Must Act 06 Jan 2025 18:57 GMT

    … physical infrastructure, a stable currency, a productive agricultural sector, … land redistribution. Eritrea: The North Korea of Africa?  Isaias also … country’s interests. Both North Korea and Eritrea, however, … Prime Minister Abiy Ahmed won a peace prize for …

  • N. Korean won plunges, market prices double as economic divide deepens 15 Jan 2025 13:50 GMT

    Market prices in North Korea have roughly doubled since … s latest findings. The North Korean won has seen a dramatic decline … foreign currencies, with the won-dollar exchange rate nearly … The impact of this currency depreciation varies significantly based on …

  • Market shock as North Korean won-dollar rate breaks records 21 Nov 2024 00:07 GMT

    … the US dollar to North Korean won rate has surged by … a year since North Korea’s 2009 currency reform. Exchange rates … . Businesspeople turn away from North Korean won Meanwhile, with the market … a network of sources in North Korea, China, and elsewhere. …

  • How the Kim Regime Managed to Survive in North Korea (So Far) 11 Dec 2024 17:32 GMT

    … revenue, and foreign currency reserves have decreased … North Korea in the past year with now 30,000 North Korean won … failed, without exception. North Korea must replace its extractive … failed, without exception. North Korea must replace its extractive …

  • The Telegraph: Putin Won’t Survive Another Year Like 2024 03 Jan 2025 01:04 GMT

    17 The past year has been a disaster for Russia's military and economy. The war in Ukraine has been an embarrassing failure for Vladimir Putin. By failing to conquer his much smaller neighbour, he has inflicted enormous suffering on his own country and …

  • The January 2025 Session of the North Korean Parliament: An Unusual Oath and the Absence of a “Russia-Effect” 31 Jan 2025 18:23 GMT

    North Korea’s economy is further supported by the development of the North Korean won … generates income in foreign currency. Assuming stable demand, … to pay 8,800 North Korean won for one USD, … bilateral relationship between North Korea and Russia, as …

  • What to make of the stunning collapse in value of North Korean won 30 Oct 2024 07:55 GMT

    Dramatic currency movements in DPRK raise … on use of forex North Korea’s market for foreign currency has undergone dramatic … the value of the DPRK won that has major implications for … in value relative to the North Korean won, which has lost roughly half …

  • N. Korea pays farm workers in devalued currency instead of grain 27 Dec 2024 07:50 GMT

    North Korea has taken an unprecedented … kilograms received 1.35 million won. However, this rate significantly … deliberately shortchanging them with devalued currency. They’re questioning what … said. Faced with depreciating currency, farm workers are rushing …

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