Free Republic

North Koreans Shun New Won 2010-06-23 The national currency hasn't yet collapsed because there's so little of it circulating, North Koreans say. Images released by Chosun Sinbo, a pro-North Korean newspaper in Japan, show the front and back of the newly issued North Korean 5,000, 2,000, and 1,000 won bills, Dec. 4, 2009. SEOUL—North Koreans who can afford to save their money are ignoring a new currency brought in by the ruling Workers' Party in the isolated Stalinist state in favor of the more trusted renminbi yuan from China. "Our [North Korean] money is now called ‘the commoners’ currency,’ used...