Tag: Markets

N. Korean police launch intense crack down on street vendors

Police nationwide are intensively cracking down on street vendors after the Ministry of Social Security issued an order calling for the eradication of streetside...

Rising commodity prices and exchange rates hit ordinary businesspeople hard

North Koreans who make a living by selling goods on the street are being hit hard by rising prices of commodities and climbing KPW-USD...

USD-KPW exchange rate climbs sharply in Hyesan

The KPW-USD exchange rate has recently climbed into the KPW 8,000 range in Hyesan, Yanggang Province. A Daily NK source in Yanggang Province said Wednesday...

N. Korean rice prices continue upward march despite potato, wheat and...

Although North Korea is currently harvesting potatoes, wheat, barley and other rice-alternatives, the price of rice continues to increase in the country's markets. In...

Recent spike in rice and corn prices make things even more...

A recent spike in the price of staples such as rice and corn at North Korean markets is making things even tougher for ordinary...

North Korean rice and corn prices continue their march upwards

North Korean rice and corn prices continue to rise, suggesting that more and more North Koreans are having a difficult time acquiring food.  According to...

[Notice] Daily NK to discontinue updating certain market data on its...

Effective June 1, 2022, Daily NK will no longer update its North Korea market price data (specifically, RMB/KPW exchange rates, corn, pork, gas and...

North Korea Market Price Update: May 16, 2022

All prices shown in KPW and current as of May 16, 2022. Data: Daily NK

N. Korea to severely crackdown on market activities of teens and...

Starting in May, North Korean authorities plan to restrict and severely crackdown on teens and 20-somethings involved in commercial activities at markets, Daily NK...

N. Korea lengthens market operating hours ahead of Kim Il Sung’s...

Starting in April, North Korea has increased the operating hours of markets in the country. The authorities are apparently trying to soothe public sentiment...

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