DPRK Foreign Ministry officials on 1 December in the capital, Pyongyang to DPRK mission briefings, the Korean currency since November 30, stop using, to replace the new currency. New old currency exchange rate is 1: 100. This is a Korean since 1992 to replace the currency for the first time.
Increased hundred times
Korea joint news agency quoted sources, reported that the Korean Government-regulated currency 30 November 11 a.m. promulgation, the old currency new currency since the start of day 2: 00 pm. New and old money press 1 to 100, the original face value of the replace 1000 notes towards the element will be $ 10 toward the denomination banknotes replace.
Hanlianshe reported substantial upward, the Korean currency to the local market. Reports cite a DPRK sources as saying: "some people by surprise in Pyongyang, quandary. They ran to the black market to hiding money exchanged into USD or RMB. Rising dollar and RMB exchange rate. ”
Rates of the currency before the fixed exchange rate policy, according to Korean, 1 dollars $ 135 North Korea. AFP reported that the US dollar exchange rate of the black market in Korea 1 in 2000 to $ 3000 towards North Korea. If the dollar is low, approximately $ 2 million toward the $ 1 can only be redeemed.
Birds
韩联社说，朝鲜这次调高币值旨在应对通货膨胀和打击黑市交易。 报道认为，政府试图把资金从地下经济体系中挖出。
位于韩国首都首尔的朝鲜研究大学经济专家杨文洙(音译)认为，朝鲜政府调高币值具有经济和政治双重目的。 一方面，朝鲜希望借此举摆脱通货膨胀；另一方面，它可利用更换货币过程盘查聚集财富者。 他说：“政府将清查人们放在自己钱箱里的钱。 In this process, legal or illegal enrichment will be exposed, the person who is afraid of punishment would have to bury their illegally earned money. ”
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