Tag: market prices
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...
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. 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...
Market shock as North Korean won-dollar rate breaks records
North Korea's market exchange rates have soared to unprecedented levels. After stabilizing for two months following a peak in early September, the US dollar...
Economic woes sour Hyesan’s fruit market despite price cuts
Fruit prices in Hyesan's markets have recently plummeted, with both domestic and imported varieties available. Despite the lower costs, vendors are struggling with slow...
Sinuiju’s booming cottage industry: Fake lashes and wigs
A surge in the production of fake eyelashes and wigs has been observed in Sinuiju as locals seek profitable work with minimal initial investment....
N. Korean rice prices in Pyongyang surge to highest level since...
North Korean food prices are rising, with rice in Pyongyang reaching 6,300 North Korean won per kilogram on Sept. 15. This is the highest...
Grain shortages and economic strain follow North Korean floods
North Korean market grain prices are skyrocketing. Recent heavy rains have hindered the corn harvest, and the North Korean authorities have restricted markets to...
N. Korea draws on emergency supplies to keep rice prices down
Despite recent flooding in North Korea caused by heavy rains, the price of grain in North Korean markets has held fairly steady. The North...
N. Korea’s food policy stabilizes rice prices amid currency fluctuation
Residents of the border areas of North Hamgyong Province are praising North Korea's food policy as the price of imported rice remains stable even...