Tag: Markets

N. Koreans return to using foreign currency in markets in Pyongyang,...

North Korea’s foreign exchange rates — which collapsed during the COVID-19 pandemic — are recovering to their pre-COVID levels with the county’s recent expansion...

N. Korea curtails early morning commerce in Pyongyang and other major...

North Korea recently began curtailing the early morning commerce that takes place in Pyongyang and other major cities nationwide, Daily NK has learned. According to...

N. Korea’s mid-May market prices of rice reach highest levels in...

North Korea's mid-May market prices of rice are the highest they have ever been in mid-May over the last five years. Meanwhile, some North...

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. Korean rice prices climb once again after continuous fall since...

After continously falling since February, North Korean rice prices are once again climbing. Although North Korean authorities have greatly increased imports of rice, corn,...

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...

N. Korea expands number of hours markets can operate in border...

North Koreans living near the border with China are welcoming a reduction in curfew hours and an expansion in the number of hours markets...

As trade with China expands, N. Korea’s dollar and yuan exchange...

North Korea’s exchange rates for the dollar and yuan are holding steady as trade with China expands. According to Daily NK’s regular survey of market...

N. Korean rice prices fall due to expanding food imports from...

The price of rice in North Korea appears to be falling this month after skyrocketing past KPW 6,000 a kilogram in late February. Grain...

Early March rice prices most expensive of prices surveyed at same...

Early March rice prices in North Korea have hit their highest point ever compared to prices surveyed in early March over the past five...

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