Institute for Far Eastern Studies (IFES) NK Brief No. 10-03-12-1 3/12/2010 As the spring lean season approaches, the black market exchange rate for North Korean Won continues to grow, while the prices of rice and other necessities are increasing proportionately. Immediately following last year’s currency reform (November 30), rice was sold at 20 Won per … Continue reading DPRK ban on yuan keeps driving exchange rate higher