North Korea's Foreign Currency forbade - The government of North Korea (NK) prohibits the use of foreign currency in their country. Severe penalties will be imposed on anyone found to be using United States dollars (U.S.), euro, yuan, and other foreign currencies.
Previously, foreign currencies can be accepted in a number of shops, restaurants, and other places in Korea that is often associated with foreigners.
Prohibition decree issued by the state security bureau will begin effective on January 1, 2010. The objective is to prevent the circulation of foreign currency in the communist country.
According to China's state television reported, CCTV, Wednesday evening, December 30, 2009. Meanwhile, according to reports from the media based in South Korea, the Daily NK, the rules already adopted on 28 December.
Decree provides that all citizens and organizations other than banks are not allowed to have foreign currency. The decree contains a prohibition will be installed in workplaces and public facilities.
There are no reports about the ban on North Korean media. But in Seoul, South Korean officials confirmed the ban.
This command is issued several weeks after the North Korean government merevaluasi won currency to prevent inflation and economic control. It also comes amid the increasing threat of sanctions related to nuclear activity in these poor countries.
Previously, foreign currencies can be accepted in a number of shops, restaurants, and other places in Korea that is often associated with foreigners.
Prohibition decree issued by the state security bureau will begin effective on January 1, 2010. The objective is to prevent the circulation of foreign currency in the communist country.
According to China's state television reported, CCTV, Wednesday evening, December 30, 2009. Meanwhile, according to reports from the media based in South Korea, the Daily NK, the rules already adopted on 28 December.
Decree provides that all citizens and organizations other than banks are not allowed to have foreign currency. The decree contains a prohibition will be installed in workplaces and public facilities.
There are no reports about the ban on North Korean media. But in Seoul, South Korean officials confirmed the ban.
This command is issued several weeks after the North Korean government merevaluasi won currency to prevent inflation and economic control. It also comes amid the increasing threat of sanctions related to nuclear activity in these poor countries.
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