How much is a dollar worth in North Korea?

Feb 6, 2017

How much is a dollar worth in North Korea?

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To get a feel for how North Korea’s economy works, go buy a roll of toilet paper. Or start up a mobile phone network. As capitalist-style markets have grown more important in North Korea, so has a market-friendly exchange rate for the much-coveted U.S. ...

Dec 12, 2016

Citigroup currency trader settles Tokyo wrongful-dismissal case

A Citigroup Inc. currency trader in Tokyo who sued the U.S. bank after it fired him for allegedly trying to manipulate foreign-exchange rates has settled the case. The wrongful-dismissal lawsuit was withdrawn on Nov. 2 after the court-mediated settlement, according to Tokyo District Court ...