Tag: exchange rate
N. Korea encourages Chinese businesspeople to resume commercial activities
The North Korean government is encouraging Chinese businesspeople to resume business activities they were forced to suspend when North Korea closed its borders because...
Growing trade leads to a spike in N. Koreas market exchange...
Market exchange rates in North Korea have hit another high as the US dollar climbs in international markets and trading activity expands in certain...
Yuan exchange rate skyrockets amid increased demand for Chinese currency
North Korea's yuan exchange rate is climbing sharply, driven by increased demand for Chinese currency due to North Korea’s “regional development 20x10 policy.”
According to...
Soaring grain prices put people under more pressure in Hoeryong
Grain prices have recently been soaring at markets in the city of Hoeryong, in North Hamgyong Province, putting North Koreans under even more financial...
N. Korean grain prices rise to same level as before last...
Grain prices in North Korean markets have climbed across the board following the exhaustion of food stocks at state-run grain shops.
According to Daily NK’s...
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)...
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...
