Tag: cash vouchers

N. Korea pays farm workers in devalued currency instead of grain

North Korea has taken an unprecedented step: paying farm workers in devalued local currency instead of their usual share of crops. A source in North...

N. Koreans turn their backs on the country’s cash vouchers

A year has passed since North Korean authorities issued cash vouchers, or donpyo, to bolster the state’s ailing finances. Daily NK understands, however, that...

N. Korea issues new KPW 50,000 cash vouchers for use in...

North Korean authorities have recently issued KPW 50,000 cash vouchers, or donpyo, for use in commercial transactions with a view to resolve problems related...

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