North korea foreign exchange reserves
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Foreign exchange reserves including gold, billion USD: For that indicator, The World Bank provides data for North Korea from to. The average value for North Korea during that period was billion U. See the global rankings for that indicator or use the country comparator to compare trends over time.
The reserves of North Korea and other countries include their holdings of foreign currencies and gold.
These are the reserves of the central bank and the treasury of the country, not the private sector. When countries export products or attract investment from other countries, they receive foreign currencies.
They use some of these currencies to buy imports and to invest in other countries.
Economy of North Korea - Wikipedia
The rest is held in reserves and some of the reserves may be converted to gold. Total reserves comprise holdings of monetary gold, special drawing rights, reserves of IMF members held by the IMF, and holdings of foreign exchange under the control of monetary authorities.
How North Korea makes its money: Coal, forced labor and hacking - Apr. 5,
The gold component of these reserves is valued at year-end December 31 London prices. Data are in current U. We respect your privacy, and will not share your information with third parties. Click button below to subscribe for one month: Click button below to subscribe for one year:
