Photo illustration taken in Shanghai shows North Korean leader Kim Il-sung on a 5000 North Korea won banknote

Photo illustration taken in Shanghai shows North Korean leader Kim Il-sung on a 5000 North Korea won banknote

North Korean leader Kim Il-sung is seen on this 5000 North Korea won banknote in this photo illustration taken in Shanghai May 23, 2013. Chinese currency and U.S. dollars are being used more widely than ever in North Korea instead of the country's own money. The use of dollars and Chinese yuan, or renminbi, has accelerated since a revaluation of the North Korean won in 2009 wiped out the savings of millions of people, said experts on the country, defectors and Chinese border traders. The black market exchange rate for this 5000 North Korean won banknote is equivalent to $0.65, while the official North Korean exchange rate stands at more than $65. To match Insight KOREA-NORTH/MONEY REUTERS/Carlos Barria (CHINA - Tags: POLITICS BUSINESS) - RTX109LF

March 12, 2017 11:42 AM (UTC+8)