North Korean Currency Revalued, People Lost Savings
Posted by netizen on December 7, 2009 · Leave a Comment
The government of North Korea has revalued, reissued and redenominated its currency from a ratio of 100 Won (old) to 1 Won (new). However you call the move, the people are the ones affected as millions of savings were figuratively and literally wiped out.
Businesses operating only in the local currency...
Source: Daily Contributor
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