NK News – North Korea News
24th May 2013
 

Dandong companies can pay North Koreans in RMB

Dandong companies can pay North Koreans in RMB

By Michael Rank
Companies in the Dandong area are no longer at the mercy of fluctuating foreign exchange rates and can now settle their accounts with North Korean companies in renminbi, according to a Chinese website.
Until recently companies conducting border trade with North Korea had to settle their accounts in US dollars, euros or

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