7.6 C
March 3, 2021

North Korea Market Price Update: December 12, 2020

All prices shown in KPW and current as of December 12, 2020. Data: Daily NK

North Korea Market Price Update: November 28, 2020

All prices shown in KPW and current as of November 28, 2020. Data: Daily NK

North Korea’s won-to-dollar exchange rate shows signs of modest recovery

North Korean exchange rates are reportedly showing signs of a modest recovery. After dropping about 20% in early November and subsequently fluctuating, the North...
chongjin security

Lockdown impacts kimchi-making activities in Chongjin

Residents of Chongjin, North Hamgyong Province, are reportedly complaining of hardships with travel inside the city blocked and markets closed to stop the spread...
A farmer in North Hamgyong Province, North Korea uses oxen to work the land. tobacco

With no place to go, tobacco attacked by mold at Onsong farm

Tobacco produced by the 4.25 Tobacco Farm in Onsong, North Hamgyong Province, is rotting because the farm is unable to export its products abroad...
mobile troops

N. Korean authorities recently imposed price controls in Hyesan

North Korean authorities recently imposed price controls on food in Hyesan, Yanggang Province, Daily NK has learned. This strong-armed move came after there were...

N. Korean authorities order removal of some machinery/parts from Kaesong Industrial Complex

North Korean authorities recently issued an order to remove machinery and parts from the Kaesong Industrial Complex for use in local factories and these...
Musan County, North Hamgyong Province residence

N. Hamgyong Province witnesses soaring prices and more homeless on the streets

With the hardships of people in border regions growing ever more severe as prices skyrocket amid the government's harsh disease control measures, an unprecedented...
Kim Jong Un temporarily deport bureau 11 directives cardiovascular procedure economic development strategy technical shakeup scheme suspended economy

Experts: Revisions to Enterprise Act to have little affect on economic recovery

North Korean authorities are focusing on restoring an economy rushing headlong into disaster by, among other measures, implementing a revised version of the country’s...

N. Korea’s recent revision of Enterprise Act appears aimed at increasing trade

North Korea's recent revision of the Enterprise Act may have aimed to strengthen state control while reinvigorating trade conducted by small-scale work units and...

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