Tag: foreign currency
N. Korea’s spy agency inspects foreign currency traders in China to...
The Reconnaissance Information General Bureau has been auditing officials at medium and large trading companies in Shenyang and Dandong since October, questioning their contacts,...
Pyongyang’s digital gold rush: How North Korean hackers fund the regime...
North Korean trade officials operating in China are illegally selling cryptocurrency to Chinese nationals, with Pyongyang earning a fortune in foreign currency as a...
N. Korea aims to expand mineral trade despite sanctions
North Korea has recently taken steps to expand its mineral trade despite international sanctions.
According to a Daily NK source in China recently, a large...
N. Korea bans trade officials from carrying cash abroad as foreign...
The North Korean authorities have intensified controls on trade officials who carry out or bring in foreign exchange, such as dollars or Chinese yuan,...
North Korea bans foreign currency wages, mandates cash payments in revised...
North Korea revised the Labor Wages Act in May to make it illegal for workers to be paid in foreign currency. In addition, the...
Central Committee bypasses company presidents to install handpicked managers in Russian...
North Korea has replaced ten mid-level officials at two construction companies operating in Nakhodka, a city in Primorsky Krai in the Russian Far East....
North Korea-China trade surges with imports of food, machinery and exports...
Trade between North Korea and China has picked up since North Korean leader Kim Jong Un visited Beijing. North Korean trading companies are importing...
North Korea’s new tourism law shows tighter controls despite push for...
Daily NK has acquired the full text of the Wonsan-Kalma Coastal Tourist Zone Act, which was adopted in the 35th plenary session of the...
N. Korea sends 100 IT workers to new base in Chinese...
North Korea has dispatched about 100 IT workers to establish a new base of operations in the Chinese border city of Dandong—a significant shift...
N. Korean money changers profit from currency fluctuations
North Korean money changers have reaped substantial profits from recent currency fluctuations. While money changers have increased their foreign currency assets in a short...
