Tag: foreign currency
North Korea fuel prices surge 20% as Iran war squeezes oil...
North Korea's market prices have surged for the second consecutive month, with fuel costs leading the way as gasoline and diesel prices each jumped...
North Korean remittance brokers shut down for SPA election
North Korean remittance brokers suspended operations in border cities ahead of the March 15 Supreme People's Assembly election, shifting instead to public participation in...
North Korea targets currency traders with undercover operatives as won crisis...
North Korea has drawn its sharpest response yet to a currency crisis, deploying undercover security cadets and newly assigned officers to crack down on...
North Korea scrambles for raw materials to revive light industry
Two North Korean trade bureaus are scrambling to source raw materials as part of a state-driven push to revitalize the country's light industry sector.
A...
Beijing-Pyongyang passenger train service set to resume after nearly six years
North Korea and China are set to resume direct passenger rail service between Beijing and Pyongyang on March 12, ending a suspension of nearly...
North Korean market prices surge after weeks of decline
North Korean market prices surged in mid-February 2025 after weeks of decline, as prolonged border restrictions have squeezed supplies of foreign currency and goods...
North Korean police use undercover spies to entrap merchants in foreign...
North Korea is intensifying crackdowns on person-to-person foreign currency transactions under its foreign exchange control law, with police in Sinuiju, North Pyongan province, recently...
Russian goods shop in Dandong reveals North Korea-China-Russia cooperation
A shop dealing solely in Russian goods in Dandong, China—just across from the customs house in the North Korean city of Sinuiju, North Pyongan...
Hyesan excludes unmarried workers from China dispatch, using families as ‘hostages’...
Ryanggang province authorities now require overseas candidates to be married with children, tightening selection criteria as regime seeks to prevent defections by holding family...
N. Korean rice prices plunge 30% as foreign exchange rates stabilize...
Rice has fallen from record highs above 30,000 won per kilogram to around 21,500 won and held steady for nearly a month, reflecting decreased...
