Tag: currency exchange rates

N. Korea expels money changers amid currency crackdown

North Korea has intensified its crackdown on foreign currency exchanges as market rates continue to climb. In recent weeks, authorities have banished multiple money...

Currency crisis drives North Koreans to dollar, yuan

The North Korean won has lost half its value against the dollar and yuan this year, driving more citizens to conduct marketplace transactions in...

North Korea adds foreign exchange features to e-payment apps

North Korea is supporting foreign currency transactions by providing real-time exchange rate information through e-payment apps. The authorities appear intent on promoting the use...

Exclusive: A rare look at North Korea’s official smartphone apps

Daily NK recently obtained smartphone apps operated by North Korean mobile carriers. North Korean citizens can subscribe to mobile services online through these apps,...

Sinuiju sees a commodity price and exchange rate spike

Commodity prices and exchange rates in Sinuiju, a major hub for Sino-North Korean trade in North Korea's North Pyongyan Province, have recently spiked following...

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