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Sat, April 1, 2023 | 22:41
North Korea's economic paradox: how de-marketization is driving up value of North's won
To borrow from Winston Churchill's quote on Russia, North Korea is “a riddle, wrapped in a mystery, inside an enigma.” But recent economic reports coming out of North Korea seem to indicate that there is yet another layer inside the riddle: a paradox. The movements in North Korea's foreign exchange market since late last year have been perplexing.