North Korea witnesses disturbing fluctuations in commodity prices, exchange rates
With the start of the new year, market prices in North Korea appear to be unstable. The USD-KPW exchange rate has plummeted once again,...
Gomdok Mine is in the midst of a “90-day battle”
Gomdok Mine, which experienced significant damage from typhoons last year, recently began a "90-day battle" to boost production, Daily NK has learned.
A source in...
North Korea Market Price Update: January 11, 2021
All prices shown in KPW and current as of January 11, 2021.
Data: Daily NK
Yangang Province factories ordered to submit economic plans for Q1 2021 late last year
North Korean authorities reportedly issued a directive late last year that ordered factories, enterprises and collective farms to make all necessary preparations for carrying...
North Korea prepares to send loggers to Russia in February
Starting from February, North Korea plans to send loggers to Russia and is quietly recruiting candidates, Daily NK has learned.
A source in Pyongyang told...
Printing of North Korean 2021 calendars delayed due to lack of imported ink
North Korea reportedly ran into difficulties printing up its 2021 calendars due to a lack of materials imported from China.
In a telephone conversation with...
North Korea’s USD-KRW exchange rate again falls to the KRW 6,000 range
After increasing slightly in early to mid-December, the USD-KRW exchange rate has fallen again to the KRW 6,000 range, Daily NK has learned.
A source...
N. Hamgyong Province intensifies efforts to prevent rice from being taken out of rural...
After learning that urban dwellers were going to rural towns at night to obtain rice, North Korean authorities in North Hamgyong Province have ordered...
North Korea Market Price Update: December 24, 2020
All prices shown in KPW and current as of December 24, 2020.
Data: Daily NK
North Korean authorities order more personnel to help recovery efforts at Gomdok Mine
North Korean authorities recently ordered more personnel to help accelerate recovery efforts focused on Gomdok Mine, which suffered damage during typhoons earlier this year.
According...
