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North Korean currency s mysterious surge prompts a guessing game

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.

North Korean currency s mysterious surge prompts a guessing game

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.

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