Institute for Far Eastern Studies (IFES) NK Brief No.10-01-18-1 2010-01-18 Following the currency reform undertaken by North Korea at the end of 2009, the Chinese newspaper International Herald Leader (國際先驅導報) reported on January 7 that the Choson Bank of Trade had set the USD:DPRK Won exchange rate at 1:96.9. There have been other reports of … Continue reading DPRK won exchange rates falling after currency reform