![Is the North Korean Won Pegged to the RMB? Probably, but the Numbers Don't Show It - 38 North: Informed Analysis of North Korea Is the North Korean Won Pegged to the RMB? Probably, but the Numbers Don't Show It - 38 North: Informed Analysis of North Korea](https://www.38north.org/wp-content/uploads/2018/11/iStock-905379324.jpg)
Is the North Korean Won Pegged to the RMB? Probably, but the Numbers Don't Show It - 38 North: Informed Analysis of North Korea
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![An exchange store staff shows a Chinese RMB$100 banknote (L) and a US$100 banknote in Hong Kong May 16, 2006. A recent rise in the yuan signals China has a more flexible An exchange store staff shows a Chinese RMB$100 banknote (L) and a US$100 banknote in Hong Kong May 16, 2006. A recent rise in the yuan signals China has a more flexible](https://c8.alamy.com/zooms/6/5cf1251bbda640b88bb6e61ce5c57614/2d17080.jpg)