Tag: foreign currency
N. Korea launches luxury magpie-branded cigarette gift sets
North Korea has released a luxury cigarette gift set branded with the magpie, the country's national bird. After positioning 7.27 cigarettes—Kim Jong Un's personal...
N. Korean agents punished over Russia corruption
Two North Korean state security agents, Han Kwang Jin and Song Myong Nam, have been demoted and transferred after being recalled from Russia amid...
China plans major aid initiative as N. Korea relations warm
China appears to be moving toward providing comprehensive "strategic support" to North Korea as the two countries' relationship shows signs of warming.
According to a...
N. Korean rice prices hold at record highs as food shortages...
North Korean rice prices, which broke through 10,000 won per kilogram for the first time in early June, are holding steady at around 12,000...
N. Korea cancels taekwondo anniversary amid sports diplomacy overhaul
North Korea has abruptly canceled a ceremony marking the 70th anniversary of taekwondo's official naming that was scheduled for mid-June in Pyongyang, Daily NK...
Pyongyang elite embrace ‘designer’ clothes from abroad
According to a Daily NK source in Pyongyang recently, designs by twenty-something creators who trained overseas began gaining popularity among the capital's elite in...
N. Korea plans to send 28,000 more workers overseas, mostly to...
North Korea is preparing to send up to 28,000 more workers overseas. Recruitment efforts that began last year have entered the selection phase as...
North Korea probes granite mine corruption
Prosecutors have launched a corruption investigation into the management and sale of minerals from Osoksan Granite Mine.
"The Nampo party committee sent city prosecutors to...
Grain prices soar in N. Korea as won-dollar rate crosses 24,000
North Korean market prices are soaring again, with both grain prices and foreign exchange rates hitting record highs and driving continued volatility.
According to Daily...
N. Korea expands currency exchange beyond dollar, yuan
Pyongyang's official currency exchanges are expanding beyond the dollar and yuan to handle yen, euros and rubles as North Korea diversifies its trade relationships.
A...
