Institute for Far Eastern Studies (IFES) NK Brief No.09-12-16-1 12/16/2009 In accordance with the recent currency reform in North Korea, new state-controlled prices were officially announced on December 9. South Korean NGO ‘Good Friends’ announced on December 13th that rice is now selling for 23 won per Kg, corn at 8 won per Kg, flour … Continue reading North Korea announces new official prices: rice now 23 won per kilogram