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January 21, 2021

Tag: economy

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...

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...

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

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

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...

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...

Revision to Enterprise Act strengthens government control over private businesses

North Korean authorities recently announced that a revised Enterprise Act was adopted during the 11th Plenary Meeting of the 14th Presidium of the Supreme...

North Korean won – dollar exchange rate has yet to recover

The North Korean won-to-dollar exchange rate has yet to begin recovering since plummeting late last month. The rate, which had fluctuated in the KPW...

N. Korean officials try to get accurate read on the economy

With the North Korean authorities busily coming up with the goals and political slogans to use in the new five-year economic development plan ahead...

North Korea increases Workers’ Party control over markets

North Korea recently crafted new market management regulations to give the Workers’ Party greater involvement in and control over markets, handing down orders to...

North Korea Market Price Update: October 21, 2020

All prices shown in KPW and current as of October 21, 2020. Data: Daily NK

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