Tag: Market Economy
Plummeting prices and rising exchange rates cause difficulties for N. Korean...
A growing number of North Korean merchants have been suffering losses in the face of plummeting prices for certain goods and a rising KPW-RMB...
N. Hamgyong Province’s food prices continue to fall amid expansion in...
Amid an expansion in North Korea-China trade, prices for food in Chongjin and Hoeryong's markets are continuing to fall, with the prices of some...
Blue Sky 3.0 computers are selling like hotcakes in Pyongyang
New laptops and all-in-one desktop computers being sold through electronics shopping centers in Pyongyang are all the rage among the city's consumers, Daily NK has...
North Korea Market Price Update: November 15, 2020
All prices shown in KPW and current as of November 15, 2020.
Data: Daily NK
Falling N. Korean won – dollar exchange rate causes headaches among...
With major nations around the world such as the United States opening their purses to overcome the economic crisis brought on by COVID-19, currency...
Rice prices in North Korea holding steady despite economic slump
Rice prices in North Korean markets are reportedly holding steady, despite the prolonged economic slump brought on by tougher quarantine measures to combat COVID-19.
The...
North Korea Market Price Update: September 29, 2020
All prices shown in KPW and current as of September 29, 2020.
Data: Daily NK
North Korea Market Price Update: September 18, 2020
All prices shown in KPW and current as of September 18, 2020.
Data: Daily NK
North Korea Market Price Update: September 2, 2020
All prices shown in KPW and current as of September 2, 2020.
Data: Daily NK
N. Korea orders investigation into shortage of teachers in rural schools
In the process of investigating the state of education across the country, North Korean authorities recently discovered a shortage of teaching staff at schools...