Several sources have revealed to NK News that the DPRK is building a new headquarters for the Central Bank in Pyongyang.

Historically the Central Bank has occupied an important role in the official economy of the DPRK.

At the national government level, the central bank holds the won accounts for every state-owned enterprise (foreign currency is managed by the Foreign Trade Bank, a separate organization). It is responsible for ensuring the funds designated in the national budget are allocated for the correct uses. It is responsible for managing all official account transfers between state-owned enterprises.

The central bank is also