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Market chaos in N. Korea: Currency crisis devastates trade

HomeNewsMarket chaos in N. Korea: Currency crisis devastates trade

A wave of inflation is crushing North Korean markets as exchange rates soar and the local currency plummets. The dollar’s value has jumped 20-30% virtually overnight, throwing market merchants into turmoil. Yet instead of giving traders more freedom to adapt, authorities are tightening their grip on market activities. A merchant who runs a stall at a Sinuiju market in North Pyongan province…

Source

September 01, 2025 at 05:13AM

by DailyNK(North Korean Media)

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