North Korea edges towards full border reopening amid economic concerns Asia News Network (ANN) is the leading regional alliance of news titles striving to bring the region closer, through an active sharing of editorial content on happenings in the region.
Kim Jong-un, the country’s leader, has called for soldiers to be “a driving force” in increasing food production, a reflection of the North’s economic and geopolitical challenges.
In normal economies, currencies weaken in times of difficulty, but something counter-intuitive is happening in North Korea: the won is surging just as things are getting worse.
The North Korean won has jumped 25% against the dollar this year, calculated on a monthly average basis using the numbers reported by the two media organizations that track it.