Tag: imports
Yuan exchange rate skyrockets amid increased demand for Chinese currency
North Korea's yuan exchange rate is climbing sharply, driven by increased demand for Chinese currency due to North Korea’s “regional development 20x10 policy.”
According to...
Soaring grain prices put people under more pressure in Hoeryong
Grain prices have recently been soaring at markets in the city of Hoeryong, in North Hamgyong Province, putting North Koreans under even more financial...
N. Korea imports large amounts of rice from northeastern China
North Korean authorities have recently imported large quantities of rice from northeastern China. The imports appear to be aimed at stabilizing rice prices as...
N. Pyongan Province’s trade activities are still under heavy central government...
While North Korea's provinces are now allowed to conduct a certain level of trade thanks to the "20x10 regional development policy," trade remains tightly...
N. Korea investigates corruption at oil distribution center in Nampo
North Korea's central government recently sent an inspection team to an oil distribution center affiliated with the Nampo Trade Administration Bureau, Daily NK has...
North Korea’s markets see rise in imported feminine hygiene products
The number of feminine hygiene products and other imports from China available in North Korean markets has increased significantly. As a result, prices are...
N. Hamgyong Province’s crackdown on generators causes panic
North Hamgyong Province's police agency is requiring people to update their power generator registrations, which has caused panic not only among seafood wholesalers, who...
N. Korea’s rising exchange rates are due to greater autonomy in...
Exchange rates are on the rise in North Korea's markets. The trend is related to the government's new "20x10 regional development policy," which has...
N. Korea sold corn and other grains at state-run shops last...
North Korean authorities sold grains including corn and whole wheat to the public at state-run grain shops last month, Daily NK has learned.
Multiple sources...
Steep rise of N. Korean grain prices appears to be leveling...
The North Korean authorities have been distributing food from state-run grain stores, which appears to have driven down the market price of grain, Daily...
