Optimum News 12 Newsday.com MSG Varsity Explore LI AM New York Optimum Autos Optimum Homes

Content Preview Newsday 7 day/Optimum Online® subscribers click here for full access
Not a Newsday or Optimum Online® subscriber? Click here

Activists: Despair in NKorea over currency change

Originally published: December 2, 2009 7:44 AM
Updated: December 3, 2009 3:41 AM
By The Associated Press  HYUNG-JIN KIM (Associated Press Writer)

Quick ReadActivists: Panic, despair in NKorea as citizens are ordered to trade in bills for new currency

Photos

SEOUL, South Korea (AP) — North Korean authorities threatened "merciless punishment" for defiance of new currency rules, activists said Thursday, as the change sparked panic and despair among merchants left with piles of worthless bills.

North Korea informed citizens and foreign embassies Monday that it would redenominate its national currency, the won, diplomats said. Residents in the reclusive...

Newsday & ExploreLI are now available at no charge to Newsday 7-day and Optimum Online® subscribers. To continue reading, please log in or register now.

Already
registered on
newsday.com?
Log in
Newsday 7-day
or Optimum Online®
subscriber?
Get access
Not a Newsday 7-day
or Optimum Online®
subscriber?
Click here