Tag: foreign currency
Kaesong’s S. Korean buses now serving N. Korea’s Wonsan tourism zone
Five South Korean buses that appear to have operated in the Kaesong Industrial Complex were recently spotted in satellite photos, parked at the Wonsan-Kalma...
N. Korea sends fresh wave of workers to China after Kim’s...
North Korea has sent more migrant workers to China following Kim Jong Un's recent visit.
A source in North Pyongan province told Daily NK that...
N. Korea’s currency plunges after Kim Jong Un’s China visit
North Korea's soaring exchange rates plummeted after Kim Jong Un's visit to China, driven by expectations that Chinese companies will increase investment across multiple...
N. Korean clothing smugglers target wealthy buyers as ordinary consumers pull...
Clothing traders in Hyesan, Ryanggang province, are smuggling fall clothing from China and bringing in winter apparel samples to prepare for the cold season,...
Kim Jong Un moves to shore up support among overseas spies...
North Korean leader Kim Jong Un sent a personal congratulatory message to operatives conducting secret missions overseas for the Sept. 9 holiday marking the...
Massive Chinese sugar shipment aims to boost Kim Jong Un’s image...
China agreed to provide massive sugar aid during summit talks tied to the 80th anniversary of its victory over Japan, with the shipment timed...
Fake dollars and yuan flood North Korean markets amid exchange rate...
Counterfeit foreign currency is flooding North Korean markets as the country's exchange rates skyrocket and the local currency collapses, prompting authorities to launch an...
Currency chaos hits North Korea as yuan drops but prices stay...
The exchange rate between North Korean won and Chinese yuan has crashed in the border city of Sinuiju following Kim Jong Un's visit to...
Kim Jong Un’s government orders world-class ski destination at Mount Paektu
North Korea has ordered the transformation of Samjiyon into a world-class winter tourism destination, despite lacking the funds and resources needed for such an...
Kim Jong Un’s China visit triggers massive coal build up at...
North Korea has been amassing large quantities of coal at Nampo Port since Kim Jong Un's visit to China. This appears to be preparation...
