Tag: hyesan
N. Korean exports resume through Hyesan customs amid strict controls
Cargo-laden trucks have begun crossing through customs in Hyesan, marking a significant shift from last year's empty traffic. This development has sparked optimism among...
N. Korean won plunges, market prices double as economic divide deepens
Market prices in North Korea have roughly doubled since last January, according to Daily NK's latest findings.
The North Korean won has seen a dramatic...
Winter ritual: N. Korea tightens oversight of annual manure collection quotas
North Korea has launched its annual "manure battle," with fertilizer production and transportation now in full swing across the country.
"In Hyesan and throughout Ryanggang...
N. Korean traders face growing losses as state inspections turn predatory
North Korean traders are reporting increasing losses of goods during state inspections of unofficial trade, Daily NK has learned.
"Traders in Hyesan who import from...
N. Korea intensifies crackdown on unmarried couples living together
North Korean authorities have launched an aggressive campaign against unmarried couples living together, declaring such arrangements a symptom of "decadent capitalist culture." This crackdown...
N. Korean markets hit new peaks as yuan and rice prices...
Market prices in North Korea are rising at an unprecedented rate, with rice costs and Chinese yuan exchange rates reaching record highs.
Daily NK's market...
N. Korea arrests major currency trader as exchange rates soar in...
North Korean authorities have arrested a prominent money changer in Hyesan, Ryanggang province, as part of a wider crackdown on illegal currency exchange amid...
N. Korean youth defy marriage norms, opt for prohibited cohabitation
An increasing number of young North Koreans are choosing to live together before marriage, despite this being prohibited behavior that carries legal consequences, Daily...
N. Korean won-dollar rate stabilizes while won-yuan continues climb
The soaring won-dollar exchange rate at marketplaces in North Korea appears to have paused, at least for the moment. But the won-yuan market exchange...
North Korean food prices soar as currency crisis deepens
North Korean food prices have hit record highs, deepening hardship across the country.
According to Daily NK's regular market survey, rice prices exceeded 8,000 North...
