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    • North Korean Won (KPW)

North Korean Won (KPW) Newsletter
  • 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 …

  • 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 …

  • How Much Is Squid Game's 45.6 Billion Won Prize Money In Dollars? 25 Dec 2024 15:02 GMT

    … games is 45.6 billion won. That seems like an absolutely … is it in U.S. currency, and is it really worth … December 2024, 45.6 billion won is worth approximately 31.8 … Ho-Hyeon), who defected from North Korea with her little brother, wanted …

  • 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 …

  • US Cold War fixation let nuclear genie out of the bottle in Pakistan. Sanctions won’t help 22 Dec 2024 14:24 GMT

    Late in the summer of 1962, a long plume of fire arced over the beach at Sonmiani, watched by gaggles of tourists from nearby Karachi. The country became, one newspaper account was to claim, the “first in the Islamic world, third in South Asia and 10th in …

  • The Old World Order Is Dying. What New World Order Is Struggling to Be Born? 02 Jan 2025 12:40 GMT

    … devoid of natural resources, France won its global power through the … Françafrique lay in a common currency, the CFA franc, which … as the globe’s reserve currency, a competitive energy infrastructure, and … like China’s Xi or North Korea’s Kim Jong Un instead …

  • 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. …

  • N. Korea’s currency crisis forces return to barter economy 17 Dec 2024 01:48 GMT

    … are refusing to accept North Korean won for foreign currency or imported goods, … large-scale trading.” The currency crisis has affected farmer … former head of the North Korea Research Division at the … a network of sources in North Korea, China, and elsewhere. …

  • N. Korea arrests major currency trader as exchange rates soar in Hyesan 13 Dec 2024 11:19 GMT

    … wider crackdown on illegal currency exchange amid rising exchange … home, police seized foreign currency and transaction records containing … 20,000 won. Rumors of a potential currency redenomination have … a network of sources in North Korea, China, and elsewhere. …

  • Shift to society respecting failure would reignite Korea’s innovation 02 Jan 2025 00:44 GMT

    … likely to weaken the Korean currency further, worsening the investment … alongside concerns like a belligerent North Korea and an overvalued dollar impacting … in the stock and currency markets as foreign investors … or invest in China; I won't allow both.…

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