Tag: economy
N. Korea sees increase in exchange rates amid government moves to...
The KPW-USD exchange rate has recently risen across all major cities in North Korea in what appears to be a development connected to government...
N. Korea’s KPW-USD exchange rate falls slightly amid expanding trade
North Korea's KPW-USD exchange rate has slightly fallen even as the country's trade volume continues to grow. Meanwhile, the yuan is holding steady amid...
An interview with North Korea expert Dr. Chan Young Bang
Daily NK recently conducted an email-based interview with Dr. Chan Young Bang, who is a former economic advisor to Nursultan Nazarbayev, the first president...
N. Korea’s exchange rate volatility may be decreasing thanks to increased...
The rate of rise in North Korea's foreign exchange rates has been slowing recently, suggesting that exchange rate volatility has decreased following a rise...
A short interview with North Korea economy expert Benjamin Katzeff Silberstein
Daily NK English Editor Robert Lauler recently conducted an email-based interview with Dr. Benjamin Katzeff Silberstein, a Nonresident Fellow with the Stimson Center and...
Chongjin cuts opening hours of markets to push people into national...
North Korean authorities have cut market operation hours as part of a strategy to push people into manure production, which is the first national...
N. Korea selects top students to become future managers of economic...
North Korea recently conducted a nationwide selection of outstanding students for transfer into major universities as part of efforts to cultivate experts to run...
Increasing number of N. Koreans flee across border with China
Despite intensified security along the China-North Korea border, an increasing number of people are trying to defect from North Korea due to economic difficulties...
N. Koreans turn their backs on the country’s cash vouchers
A year has passed since North Korean authorities issued cash vouchers, or donpyo, to bolster the state’s ailing finances. Daily NK understands, however, that...
N. Korea’s gasoline prices fall amid reports of expanded imports of...
North Korea's expanded imports of oil appear to have led to a fall in the prices of gasoline, diesel and other oil-based products in...
