North Korea Massively Revalues its Currency - 2point6billion


Telegraph.co.uk

North Korea Massively Revalues its Currency
2point6billion
The hermit state moved further to choke illegal currency trading by only allowing about 100000 to 150000 old won to be exchanged for the new notes. ...
N.Korea knocks two zeroes off currency amid soaring inflationRIA Novosti


all 1,638 news articles »

Similar Currency Trading Posts

  • N.Korea knocks two zeroes off currency amid soaring inflation - RIA Novosti
    N.Korea knocks two zeroes off currency amid soaring inflationRIA Novosti... its national currency, the won, taking two zeros off the nominal value of banknotes in a bid to curb inflation and fight black-market currency trading. ...and more »


  • North Korea makes nuclear threat over military drills - Washington Post
    Boston GlobeNorth Korea makes nuclear threat over military drillsWashington Post... who had wandered into a military area. The resort and factory park run by Hyundai have been vital sources of legitimate foreign currency for North Korea.South Korea's Lee seeks arms


  • Q+A: What is behind North Korea's conciliatory moves? - Reuters
    ABC NewsQ+A: What is behind North Korea's conciliatory moves?ReutersNorth Korea uses foreign currency to buy items overseas needed for its military and nuclear programs as well as to purchase perks for its ruling elite. ...Time for Plan C on North


  • Korea Won Ends Down; Bonds Up After BOK Leaves Rate Unchanged - Wall Street Journal
    Straits TimesKorea Won Ends Down; Bonds Up After BOK Leaves Rate UnchangedWall Street JournalSEOUL (Dow Jones)--The South Korean won ended lower Tuesday as offshore players sold the currency amid the US dollar's broad strength. ...S.Korea c.bank to roll over $1.2


  • South Korea Unveils Steps to Reduce Forex Volatility - Wall Street Journal
    South Korea Unveils Steps to Reduce Forex VolatilityWall Street JournalThe dollar rose against the won on news of the plan, specifically on the limit set on forward forex transactions. Traders said it could mean less forward ...S.Korea to tighten banks'


  • Leave a Reply

    Security Code:


     Powered by Max Banner Ads