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North Korea’s currency crisis drives unprecedented price inflation

HomeNewsNorth Korea’s currency crisis drives unprecedented price inflation

North Korean markets are experiencing severe price inflation as the U.S. dollar continues strengthening against the local currency, creating economic hardship across the country. Multiple sources inside North Korea report the dollar crossed 40,000 North Korean won in mid-August, representing a fivefold increase from approximately 8,000 won following the COVID-19 pandemic’s end.

Source

August 27, 2025 at 02:51AM

by DailyNK(North Korean Media)

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