Tag: currency
New report highlights worrying trends in N. Korea’s illegal cyber activities
The Cybercrimes 2024 report published by Chainalysis, a blockchain data platform has again highlighted some interesting trends concerning North Korea cyberattacks. The report has...
North Korea’s RMB-KPW market exchange rate sees rapid increase
Foreign exchange rates have risen in North Korea's markets, but the market rate of the Chinese yuan (RMB) to the North Korean won (KPW)...
China arrests N. Korean trade official for illegal currency transaction
A North Korean trade official was recently arrested by Chinese police while attempting to illegally exchange foreign currency. The arrest prompted a flurry of...
North Koreans vie for lucrative jobs at new trading company
North Koreans have been offering bribes in U.S. dollars as they vie for positions at a new trading company set up under the North's...
As trade with China expands, N. Korea’s dollar and yuan exchange...
North Korea’s exchange rates for the dollar and yuan are holding steady as trade with China expands.
According to Daily NK’s regular survey of market...
N. Korean foreign exchange rates rise amid continued hopes for restart...
A regular Daily NK survey of currency rates has found that North Korea’s foreign exchange rates continue to rise, but the rate of ascent...
N. Korean banks offer accounts with deposits guaranteed by the government
North Korean banks have recently begun selling financial products with guaranteed deposits, Daily NK has learned. While these sales are limited for now, their...
Donju on the losing end of recent ban on “mobile money”
Members of North Korea’s wealthy entrepreneurial class who purchased large numbers of mobile phone cards have lost a considerable amount of money following a new...
