Leaked: New N. Korean document ties national fate to exchange rates
Daily NK recently obtained a document distributed by North Korean authorities on Sept. 20 that stresses that "the fate of the nation depends on...
Kim’s mandate triggers urgent inspection of construction projects in South Pyongan province
Following Kim Jong Un's announcement of three new construction tasks at a recent meeting of the Regional Development Project Council, South Pyongan province’s party...
Regime’s currency controls backfire as N. Korean won weakens
The U.S. dollar traded for 16,100 North Korean won in Pyongyang on Sept. 15, down slightly from a record high of 16,500 won on...
N. Korea’s central bank audits S. Hwanghae province, eyes financial sector reform
North Korea's central bank conducted a two-week audit of the Commercial Bank of South Hwanghae province beginning Sept. 1. The audit focused primarily on...
N. Korean rice prices in Pyongyang surge to highest level since 2023
North Korean food prices are rising, with rice in Pyongyang reaching 6,300 North Korean won per kilogram on Sept. 15. This is the highest...
Blueberry bandits: Crime spikes as North Koreans forage for survival
North Koreans near Samjiyon, Ryanggang province, have faced various mishaps while blueberry picking to supplement their income amid the country's ongoing food crisis. In...
North Korea extends reduced market hours, fueling public anxiety
North Korean authorities have maintained the shortened market hours implemented last month, initially justified as a post-flood recovery measure. The decision to continue the...
North Korea’s Pukchong zone preps for Russian export drive
North Korea's Pukchong Agricultural Development Zone in South Hamgyong province is preparing to export products to Russia as part of the government's push to...
N. Korea mandates shift from raw material to processed goods exports
North Korean authorities recently ordered trade agencies to shift from exporting raw materials to processed goods, causing significant disruption to regional trading companies that...
Material matters: Rason customs loosens grip on fabric imports
North Korean customs officials in Wonjong village, Rason, are allowing imported fabrics to pass through easily and then be distributed to wholesalers nationwide, a...